Elon Musk Becomes First Person Worth $500b

Posted3 months agoActive3 months ago

SilverElfin

9 points

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Elon Musk

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Elon Musk becomes the first person to reach a net worth of $500B, sparking discussion on the implications of such vast wealth concentration.

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Discussion (7 comments)

Showing 7 comments

jimbo808

3 months ago

2 replies

Been strange to watch this guy get so rich off of a car company that is somehow worth $1.4 trillion, but had $97 billion in revenue last year, and only sold 1.7 million cars. P/E of 266.

For comparison: Toyota's market cap is $304 billion, with $311 billion in revenue, and they sold 10.8 million cars. And their P/E is 8...

Wild.

orionblastar

3 months ago

1 reply

Remember that Tesla also has recharging stations for electric cars to charge Tesla and non-Tesla cars for a price.

quantified

3 months ago

Which should be worth about 13 billion this year. Decent business but the valuation is a bit rich for chargers.

toomuchtodo

3 months ago

“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”

I think it speaks to how irrational and inefficient the equities market can be, alongside the AI bubble.

myroon5

3 months ago

$100B Gates 1999 https://en.wikipedia.org/wiki/List_of_centibillionaires

$200B Bezos 2020 https://www.cbsnews.com/news/jeff-bezos-net-worth-200-billio...

$300B Musk 2021 https://www.cbsnews.com/news/elon-musk-300-billion-net-worth...

$400B Musk 2024 https://www.cbsnews.com/news/elon-musk-net-worth-400-billion...

$500B Musk 2025

https://news.ycombinator.com/item?id=45447250 https://news.ycombinator.com/item?id=45449800

abstractspoon

3 months ago

The irony always being that as someone's financial worth grows beyond a reasonable point their worth as a human being is correspondingly reduced.

FranzFerdiNaN

3 months ago

Nobody should ever be allowed to be worth this much. Humans simply dont have the psychology and physiology to be able to deal with having this much money and thus power, case in point being Elon Musk. Or any other billionaire, as they somehow all seem to end up becoming a cartoon villain.

In fact, i would say the anarchists had it right: nobody should ever have any power over anyone else.

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ID: 45445596Type: storyLast synced: 11/17/2025, 12:09:31 PM

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