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How is it possible to be worth a trillion?

290 replies

aurpod1980 · 12/06/2026 21:40

Is it just utter madness that one man can be worth a trillion dollars ? $1000 billion Wtaf

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12
cloudtreecarpet · 13/06/2026 12:56

ChimpanzeeThatMonkeyNews · 13/06/2026 12:34

I’d be alright with it, too.

Really?
No feelings of guilt at amassing such wealth in a world where deprivation and extreme poverty still exists? Even in your own country?

I would like to have it so I could do something very worthwhile with it and I would enjoy giving the majority of it away but I certainly wouldn't want to just sit with it.

cloudtreecarpet · 13/06/2026 12:52

GasPanic · 13/06/2026 11:41

He's a guy that does something with his money, works hard and is creative.

He employs thousands, and probably keeps thousands more in jobs in his supply chains.

He's doing things to push society forwards and make the world a different place, like the transition to EVs from ICE vehicles.

His politics I like not so much.

But I don't think his wealth is disgusting or undeserved.

If we didn't have people like him around we'd still be living in caves.

I hope he finds new things to do with his new found wealth. Maybe find a cure for cancer, solve the nuclear fusion engineering problem or establish a Mars base.

Yes, someone like Musk is definitely going to use his wealth for the good of mankind.

No, he will use to leverage power he shouldn't have and to try to control the media as he has done by buying up Twitter for example & creating Grok.

He is not a good man.

ChimpanzeeThatMonkeyNews · 13/06/2026 12:35

randomchap · 13/06/2026 12:30

and look at what he's done with that power and influence.

Nothing good. Hundreds of thousands of deaths, mostly children.

What children??

ChimpanzeeThatMonkeyNews · 13/06/2026 12:34

LadyVioletBridgerton · 12/06/2026 22:53

I’d be perfectly happy to be worth a trillion pounds.

I’d be alright with it, too.

randomchap · 13/06/2026 12:30

Walnutslooklikebrains · 13/06/2026 11:57

Look at what he has achieved. That's how.

and look at what he's done with that power and influence.

Nothing good. Hundreds of thousands of deaths, mostly children.

Walnutslooklikebrains · 13/06/2026 11:57

Look at what he has achieved. That's how.

randomchap · 13/06/2026 11:49

GasPanic · 13/06/2026 11:41

He's a guy that does something with his money, works hard and is creative.

He employs thousands, and probably keeps thousands more in jobs in his supply chains.

He's doing things to push society forwards and make the world a different place, like the transition to EVs from ICE vehicles.

His politics I like not so much.

But I don't think his wealth is disgusting or undeserved.

If we didn't have people like him around we'd still be living in caves.

I hope he finds new things to do with his new found wealth. Maybe find a cure for cancer, solve the nuclear fusion engineering problem or establish a Mars base.

His politics I like not so much.

That's a rather weak response to his politics. His Doge initiative has been the cause of hundreds of thousands of children dying.

He's an abhorrent man. His Twitter AI Grok was producing child porn

https://www.forbes.com/sites/larsdaniel/2026/01/10/when-grok-generates-childlike-sexual-imagery-turning-it-off-isnt-optional/

When Grok Generates Child‑Like Sexual Imagery, Turning It Off Isn’t Optional

Elon Musk’s Grok shows why regulators can’t treat synthetic CSAM as a fix-it-later problem.

https://www.forbes.com/sites/larsdaniel/2026/01/10/when-grok-generates-childlike-sexual-imagery-turning-it-off-isnt-optional/

Badbadbunny · 13/06/2026 11:45

But he doesn't have a trillion sat in a bank account so people saying what it would buy are missing the reality. Most will be tied up in the companies he owns and his "trillion" will be the book value of the assets owned by the companies. It's not "real" money.

If he wanted to sell everything and bank the cash, he'd get a mere fraction of that - look at Gordon Brown selling off the country's gold - the price fell when he announced what he was going to do. You need people willing and able to pay "full" value for all Elon's businesses, which will never happen.

GasPanic · 13/06/2026 11:41

He's a guy that does something with his money, works hard and is creative.

He employs thousands, and probably keeps thousands more in jobs in his supply chains.

He's doing things to push society forwards and make the world a different place, like the transition to EVs from ICE vehicles.

His politics I like not so much.

But I don't think his wealth is disgusting or undeserved.

If we didn't have people like him around we'd still be living in caves.

I hope he finds new things to do with his new found wealth. Maybe find a cure for cancer, solve the nuclear fusion engineering problem or establish a Mars base.

Flannelfeet · 13/06/2026 11:34

Wonder if hes good for a tap 🤔.

Probably not because hes a bellend!.

Nesbi · 13/06/2026 11:32

The idea that the billionaire class are merely creating wealth rather than capturing it from others doesn’t match the reality, and sounds more like spin from the media outlets they control.

Go back to 1989 and look at the wealth held by the top 200 wealthiest families here in the UK, it was equivalent to 5% of the UK's GDP. Collectively, they could afford to buy 5% of all the goods and services produced in the country in a year.

Today the top 200 families hold the equivalent of about 25% of GDP in wealth. That percentage will keep growing.

The wealth of global billionaires has apparently increased by 40% in just 2 years.

Ordinary people like us will lose around 30-40% of our income to tax, and most of what is left is required to be spent just to survive day to day. If you’re lucky, a very small amount will be saved, or invested.

Billionaires grow their wealth in a system that is designed to protect it, meaning the percentage they pay in tax is far lower than the rest of us. They also can’t possibly spent it on living, even if they do buy themselves half billion dollar boats as toys. So the excess wealth gets used to buy up the things that other people need to use - they buy up companies, they buy up properties, not just residential but they buy the factories, the skyscrapers, the shopping centres, they buy up the natural resources. All the while as they buy up more and more of the world around them, more and more money inevitably flows in their direction.

As they use their wealth to accumulate more assets, the rest of the world is increasingly squeezed out. The rest of us own less and less. Classes of people who used to be able to afford a house now find they can only rent. People who would have owned some shares themselves find they can afford far fewer than before - their share of the wealth gets that much smaller.

People who thought they could live a middle class life wonder why they now struggle so much. Even the wealthy (by most people’s standards) are left wondering why private schooling feels out of reach, or why the skiing holiday has had to move from the French alps to Bulgaria!

It is like watching the gravitational pull of a black hole - the wealth of the billionaires is dragging more and more wealth upwards through society and relentlessly towards them. That is why it grows so much quicker than GDP - they are not just creating it, they are taking it.

It is going to happen at a faster and faster rate. I wonder at what point will the rest of us will decide that enough is enough, that society can’t function like this.

JimBobsWife · 13/06/2026 11:29

cardibach · 13/06/2026 10:21

I’m sure you can see a massive gap between ‘being rewarded’ and ‘being a trillionaire’. If you can’t see why the latter is problematic I can’t really help.

If being rewarded is ok, what level of reward do you think is the right level? And what would you do when successful companies reach that level? Stop them trading?

Or do you not think being rewarded is ok?

mondaytosunday · 13/06/2026 11:14

Well it’s not liquid, 99.9% is the worth of his companies (SpaceX accounts for about 75%, then Tesla and several other ventures). If he decided to cash out he’d cause a huge stock market panic and he’d walk away with about £100billion (according to some estimates). Not exactly chump change though…I hope he follows Bill Gates example and gives away most of his fortune to philanthropic causes. Gates would have passed the one trillion mark back in 2024 if he hadn’t sold so much of his Microsoft shares. He has given away over $100 billion and plans to give a further $200 billion over the next two decades.

topcat2014 · 13/06/2026 10:52

Is he happy though? So he owns a car and rocket company. Doesn't mean he can go down there and empty the bank.

All large company owners or bosses are psychopaths, I would have thought

GeneralPeter · 13/06/2026 10:49

cardibach · 13/06/2026 10:34

No, I mean from: his dad the diamond mining Nazi.

His father who was an activist with the anti-apartheid Progressive Federal Party you mean?

Musk starting his businesses with generational wealth has been quite thoroughly investigated and debunked:

https://www.snopes.com/news/2022/11/17/elon-musk-emerald-mine/

What We Know About Elon Musk and the Emerald Mine Rumor

A story about Musk's father once owning an emerald mine evolved into a larger rumor that had no evidence to support its central claim.

https://www.snopes.com/news/2022/11/17/elon-musk-emerald-mine/

bronnibro · 13/06/2026 10:44

He's the poster boy for narcissism surely, I watched a YouTube documentary on him and his life not too long ago, he's interesting character I also think he's quite dangerous

1dayatatime · 13/06/2026 10:38

cardibach · 13/06/2026 10:21

I’m sure you can see a massive gap between ‘being rewarded’ and ‘being a trillionaire’. If you can’t see why the latter is problematic I can’t really help.

I don't think you understand economics.

SpaceX was founded in 2002 with $12 billion of investment including by Musk. Over the years further billions of investments were made by Fidelity and Google and particularly Ontario Teachers Pension Fund. Lastly many more billions of reinvestment came from Starlink.

24 years is a long time for the original investors to get a return on their original investment.

So if the original investments were say $100 billion why do you think that is an unacceptable return. If I invested £100 in some risky UK shares and got a return of £1000 some 10 years later- is that unreasonable?

Are you objecting to the rate of the return (if so it's not that unreasonable for a highly risk investment). Or are you objecting to the quantum (in which case are you suggesting that only small value low risk investments in businesses can be made?)

https://global.morningstar.com/en-gb/stocks/6-charts-spacexs-pre-ipo-financials

KateSixer · 13/06/2026 10:37

cardibach · 13/06/2026 10:22

He didn’t invent anything. He took generational wealth and paid others to do it - and since his wealth has increased so fast I’m going to go ahead and assume there was some exploitation involved along the way.

Apart from everything else in your post that is incorrect or unsubstantiated, you clearly don't understand wealth in this context.

The calculation of his wealth people are talking about is essentially based on the value other people (people like you and I basically) are putting on the shares in his various businesses multiplied by the number of shares he owns himself.

So the increasing of his calculated wealth that you refer to is directly down to others! So if you went and bought a SpaceX share today (you now can if you want to) at $150 and in three months it's worth $300 then you can have the satisfaction of moaning that Musk is worth $2 trillion (and you'll have made $150 profit.

Of course the shares in SpaceX might fall to $75 in which case Musk won't be a trillionaire at all (and you'd have lost $75).

The point, although I suspect you don't care, is that these headlines get misunderstood. His actual current cash assets (though no doubt enormous by any normal measure) are not a trillion or even a single per cent of that figure.

cardibach · 13/06/2026 10:34

GeneralPeter · 13/06/2026 10:33

You mean generational wealth from selling Zip2, which he founded?

No, I mean from: his dad the diamond mining Nazi.

GeneralPeter · 13/06/2026 10:33

cardibach · 13/06/2026 10:22

He didn’t invent anything. He took generational wealth and paid others to do it - and since his wealth has increased so fast I’m going to go ahead and assume there was some exploitation involved along the way.

You mean generational wealth from selling Zip2, which he founded?

MimiSunshine · 13/06/2026 10:33

KateSixer · 13/06/2026 06:34

Do tell me what you do for a living if Musk's life is so easily attainable!!

And while there is much in your post I find slightly risible I think the implication that the NHS is not already fucked up takes the biscuit!

You see your view is so odd to me. To simply take Starlink as a single example. Bringing superfast satellite based internet to every spot on the globe at an affordable price for almost every family is, to me, a massive, positive, enabling innovation with huge humanitarian potential.

But you can't see the achievements. You can't see how potentially world changing that is. To me you seem mired in some sulky state of curmudgeonly envy.

Please tell me it isn't true! Up

Edited

What?! Are you ok?

where did I say it was easily attainable? I said he didn’t invent anything.
nor did I say the NHS wasn’t fucked up. But that dude t mean Elon would save / improve it. Far from it.

i also didn’t say he hadn’t achieved anything.

As I said, are you ok? You seem to only see the ‘achievements’.

cardibach · 13/06/2026 10:22

KateSixer · 13/06/2026 10:11

I would have thought that one aspect of Musk that might appeal then is that his tech is predominantly useful and innovative. Space exploration for instance!

Now if he'd invented TikTok I'd be agreeing with you.

He didn’t invent anything. He took generational wealth and paid others to do it - and since his wealth has increased so fast I’m going to go ahead and assume there was some exploitation involved along the way.

GeneralPeter · 13/06/2026 10:22

ButlerianJihadNow · 13/06/2026 09:36

If you earned 1 million dollars per hour at work, it would take you about 500 years to reach Musk's new net worth. That is disgusting.

But why is it? He’s built wealth by creating new things not capturing it from others. His wealth is in the value of his companies, which have that value because people want his products and believe in his companies.

A millionaire kleptocrat or monopolist is more disgusting than a billionaire entrepreneur.

cardibach · 13/06/2026 10:21

1dayatatime · 12/06/2026 22:24

So you prefer that people don't set up new businesses and develop new products and new technologies?

Or you're happy if they do but you don't like them getting rewarded if they succeed? Which then raises the question of why would anyone bother setting up such a new business/ technology?

I’m sure you can see a massive gap between ‘being rewarded’ and ‘being a trillionaire’. If you can’t see why the latter is problematic I can’t really help.