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the half a trillion dollar man.....
Tesla and SpaceX CEO Elon Musk has become the world’s first person to reach a net worth of $500 billion, according to Forbes. Musk’s fortune has been boosted recently by a rally in Tesla shares and soaring valuations of his private firms. Tesla stock jumped nearly 4% on Wednesday, adding $9.3 billion to Musk’s fortune and pushing it to $500.1 billion, according to the Forbes Billionaires List. Musk’s 12% stake in the carmaker is valued at $191 billion. Analysts credit the recent surge in Musk’s wealth to his renewed focus on business. Tesla shares have nearly doubled since April, when he first announced during an earnings call that he would step down from his post as head of US President Donald Trump’s Department of Government Efficiency (DOGE) to devote more time to the automaker and his other business interests. Musk departed the agency after a rift with the president over a major tax-and-spending bill. Tesla board chair Robyn Denholm said last month that Musk was again “front and center” after months of distraction. Days later, he bought nearly $1 billion worth of Tesla stock, signaling confidence as the company expands into AI and robotics. Outside Tesla, Musk’s space venture SpaceX was valued at $400 billion in an August tender offer, up from $350 billion in December. His 42% stake is worth $168 billion. Musk also owns 53% of xAI Holdings, the company formed when he merged his AI startup with X. Currently valued at $113 billion, reports suggest xAI could soon target $200 billion. Musk has repeatedly set net worth records. He first topped Forbes’ list in January 2021 at $190 billion, hit $300 billion that November and crossed $400 billion in December 2024. He now outpaces Oracle founder Larry Ellison, the second-richest person, by $150 billion. READ MORE: White House rehires hundreds of employees fired by Musk’s DOGE – APThe Bloomberg Billionaires Index, which uses a different wealth tracking method, places Musk’s fortune slightly lower – at $470 billion – but still the highest among the world’s top 500. https://www.rt.com/business/625737-musk-worth-500-billion/
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
Gus Leonisky POLITICAL CARTOONIST SINCE 1951.
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doomster....
Elon Musk has made it clear his goal is to have humans living on Mars... and now he's confirmed he would even die on the big red planet, RadarOnline.com can reveal.
The controversial billionaire has made it his mission to tell anyone willing to listen that earth is doomed and the human race's future lies on Mars.
What Did Elon Musk Say About 'Dying' On Mars?Late Tuesday night, Musk was up and alert on his social media platform X when he decided to respond to a tweet referencing a Theodore Roosevelt quote.
The X user posted part of the quote, which read: "Any man who says he is an American, but something else also, isn't an American at all. We have room for but one flag, the American flag... We have room for but one language here, and that is the English language... and we have room for but one sole loyalty, and that is a loyalty to the American people."
Musk was quick to respond, and wrote: "I hold one passport now & forever: America. I will live & die here. Or Mars (part of America)."
Fans of the Tesla boss reacted in the comments section, as one person said, "If Mars is to be self-sustaining, at some point it must be independent from the US?"
Earth Will Soon Blow Up?Another added: "I need the colonization of Mars to happen in my lifetime!" and a user went off, "Please keep Mars independent. Having the US Congress rule over Mars would ruin everything."
The 54-year-old doesn't think Earth will last much longer, and he's informed his loyal supporters to prepare to pack their bags for a new life on Mars.
During an interview on Fox News, Musk told host Jesse Watters, "The Sun is gradually expanding, and so we do at some point need to be a multi-planet civilization because Earth will be incinerated.
"The fundamental fork in the road of destiny (is) that Mars is sufficiently self-sustaining and can grow by itself if the resupply ships from Earth stop coming for any reason."
https://radaronline.com/p/elon-musk-dead-on-mars-red-planet-humans-and-cities/
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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
Gus Leonisky
POLITICAL CARTOONIST SINCE 1951.
half a T....
At Tesla's Texas factory, shareholders chanted "Elon, Elon" as they overwhelmingly approved the largest-ever CEO compensation package for the company's controversial boss.
More than 75 per cent of the shares were voted in favour of the deal for Elon Musk, who walked on stage and dropped a few dance moves alongside a humanoid robot before telling the small crowd, "I super appreciate it".
If Musk delivers on the full terms of the deal he will take control of about a quarter of the company and increase Tesla's market value by trillions of dollars.
The vote has garnered huge attention, not just because of Musk's personal (often controversial) profile, or how unusual it is for a company board engage in such public lobbying, but because of the eye-watering fact that it puts Musk on track to become the world's first trillionaire in the next decade.
What is a trillionaire?It's a tricky question, because in reality there hasn't been one before — Musk would be the first if he hits the milestones outlined in the pay deal.
A trillion is equal to a thousand-billion — that is a number with 12 zeros: $1,000,000,000,000.
And Tesla obviously operates in US dollars, so we're talking $US1 trillion, which would be $AUD1.54 trillion.
That's more than half the value of Australia's economic output last year, which was $US1.75 trillion ($2.7 trillion), according to the World Bank.
In October, Musk became the world's first half-trillionaire and, once again, its richest person.
https://www.abc.net.au/news/2025-11-07/tesla-shareholders-vote-on-elon-musk-trillion-dollar-pay-package/105977686
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YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT — SINCE 2005.
Gus Leonisky
POLITICAL CARTOONIST SINCE 1951.