Current Events > Elon Musk now worth $70.5 billion, more than Warren Buffett

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Rob Cesternino 07/10/20 6:15:56 PM #1:	https://www.businessinsider.com/elon-musk-net-worth-passes-warren-buffett-tesla-share-price-2020-7 Elon Musk's wealth officially surpassed that of Warren Buffett on Friday, according to Bloomberg's Billionaire's Index, fueled by Tesla's skyrocketing stock price and a hefty donation by the Oracle of Omaha. Musk, CEO of Tesla and the electric carmaker's biggest shareholder, saw his riches surge by more than $6 billion on Friday alone, to hit $70.5 billion, as the company's market value capped off a week of fresh highs. The stock is up 259% in 2020 compared to the benchmark S&P 500 index's 1% gain. Musk is now No. 7 on the list, up from No. 12. Buffett, easily the world's most famous investor and still a multi-billionaire in his own right, saw his fortune decline this week after giving away $2.9 billion of Berkshire Hathaway to charity. Since 2006, Bloomberg reports, he's gifted more than $37 billion worth of shares. Is he gonna go on Joe Rogan and celebrate? --- Stop asking me if I'm Jessica Simpson. Jewish girls Survivor is the greatest show EVER. are hawt <cite>Rob Cesternino posted [p:941944489] in Elon Musk ... [t:78838155]...</cite> <quote>https://www.businessinsider.com/elon-musk-net-worth-passes-warren-buffett-tesla-share-price-2020-7 <quote>Elon Musk's wealth officially surpassed that of Warren Buffett on Friday, according to Bloomberg's Billionaire's Index, fueled by Tesla's skyrocketing stock price and a hefty donation by the Oracle of Omaha. Musk, CEO of Tesla and the electric carmaker's biggest shareholder, saw his riches surge by more than $6 billion on Friday alone, to hit $70.5 billion, as the company's market value capped off a week of fresh highs. The stock is up 259% in 2020 compared to the benchmark S&P 500 index's 1% gain. Musk is now No. 7 on the list, up from No. 12. Buffett, easily the world's most famous investor and still a multi-billionaire in his own right, saw his fortune decline this week after giving away $2.9 billion of Berkshire Hathaway to charity. Since 2006, Bloomberg reports, he's gifted more than $37 billion worth of shares.</quote> Is he gonna go on Joe Rogan and celebrate? </quote> ... Copied to Clipboard!
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CADE FOSTER 07/10/20 6:18:43 PM #3:	dudes a fucking nutty asshat but tesla is great <cite>CADE FOSTER posted [p:941944613] in Elon Musk ... [t:78838155]...</cite> <quote>dudes a fucking nutty asshat but tesla is great</quote> ... Copied to Clipboard!
Squall28 07/10/20 6:46:09 PM #4:	It's all speculative at this point. Tesla isn't even profitable yet. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:941945895] in Elon Musk ... [t:78838155]...</cite> <quote>It's all speculative at this point. Tesla isn't even profitable yet. </quote> ... Copied to Clipboard!
Lebronwon 07/10/20 6:47:37 PM #5:	I regret not buying Tesla stock when it was going for 200 a year ago. --- Not 1, not 2, not 3, not 4, not 5, not 6, not 7 <cite>Lebronwon posted [p:941945956] in Elon Musk ... [t:78838155]...</cite> <quote>I regret not buying Tesla stock when it was going for 200 a year ago. </quote> ... Copied to Clipboard!
Anteaterking 07/10/20 6:49:05 PM #6:	Lebronwon posted... I regret not buying Tesla stock when it was going for 200 a year ago. It doesn't really matter unless you would sell now. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:941946021] in Elon Musk ... [t:78838155]...</cite> <quote>Lebronwon posted... </cite> <quote>I regret not buying Tesla stock when it was going for 200 a year ago.</quote> It doesn't really matter unless you would sell now. </quote> ... Copied to Clipboard!
berlyman101 07/10/20 6:51:40 PM #7:	Squall28 posted... It's all speculative at this point. Tesla isn't even profitable yet. do you know how much this applies to some of the biggest companies in the world? --- http://www.lukesurl.com/comics/2010-02-24-determinism.png <cite>berlyman101 posted [p:941946135] in Elon Musk ... [t:78838155]...</cite> <quote>Squall28 posted... </cite> <quote>It's all speculative at this point. Tesla isn't even profitable yet.</quote> do you know how much this applies to some of the biggest companies in the world? </quote> ... Copied to Clipboard!
Prismsblade 07/10/20 6:55:33 PM #8:	Squall28 posted... It's all speculative at this point. Tesla isn't even profitable yet. ^this, I'm not touching Teslas stock with a 50ft poll. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer <cite>Prismsblade posted [p:941946310] in Elon Musk ... [t:78838155]...</cite> <quote>Squall28 posted... </cite> <quote>It's all speculative at this point. Tesla isn't even profitable yet.</quote>^this, I'm not touching Teslas stock with a 50ft poll. </quote> ... Copied to Clipboard!
lilORANG 07/10/20 7:08:50 PM #9:	I bought 1 share at about $200 last year lol, mostly for funsies. Wish I bought more. It's tempting to sell and be happy with $1300 but I can also ride this out. --- #FeelTheBern https://imgur.com/q5z4CUu https://imgur.com/6B9oFXh https://imgur.com/sy42Dlf <cite>lilORANG posted [p:941946851] in Elon Musk ... [t:78838155]...</cite> <quote>I bought 1 share at about $200 last year lol, mostly for funsies. Wish I bought more. It's tempting to sell and be happy with $1300 but I can also ride this out.</quote> ... Copied to Clipboard!
Squall28 07/10/20 7:12:51 PM #10:	berlyman101 posted... do you know how much this applies to some of the biggest companies in the world? Yeah that's why my mouth doesn't start foaming when people talk about how rich some people are. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:941947018] in Elon Musk ... [t:78838155]...</cite> <quote>berlyman101 posted... </cite> <quote>do you know how much this applies to some of the biggest companies in the world?</quote> Yeah that's why my mouth doesn't start foaming when people talk about how rich some people are. </quote> ... Copied to Clipboard!
Lebronwon 07/10/20 7:15:09 PM #11:	Anteaterking posted... It doesn't really matter unless you would sell now. Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k. --- Not 1, not 2, not 3, not 4, not 5, not 6, not 7 <cite>Lebronwon posted [p:941947115] in Elon Musk ... [t:78838155]...</cite> <quote>Anteaterking posted... </cite> <quote>It doesn't really matter unless you would sell now.</quote> Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k. </quote> ... Copied to Clipboard!
BignutzisBack 07/10/20 7:16:46 PM #12:	Lebronwon posted... Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k. It's easy to say you would have held that long in hindsight but if you would have bought it for 200 who's to say you wouldn't have sold it all when it doubled in price at 400? --- https://imgur.com/plA0Vg9 https://media.giphy.com/media/dgK22exekwOLm/giphy.gif <cite>BignutzisBack posted [p:941947161] in Elon Musk ... [t:78838155]...</cite> <quote>Lebronwon posted... </cite> <quote>Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k.</quote> It's easy to say you would have held that long in hindsight but if you would have bought it for 200 who's to say you wouldn't have sold it all when it doubled in price at 400? </quote> ... Copied to Clipboard!
MaxEffingBemis 07/10/20 7:21:28 PM #13:	A man worth $70B that gets ruffled over a leftist journalist on twitter lmao --- She took pity on me, horizontally, but most likely because of my band <cite>MaxEffingBemis posted [p:941947332] in Elon Musk ... [t:78838155]...</cite> <quote>A man worth $70B that gets ruffled over a leftist journalist on twitter lmao </quote> ... Copied to Clipboard!
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Anteaterking 07/10/20 7:42:38 PM #15:	Lebronwon posted... Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k. It's not a profit unless you sell. Plenty of people have ridden stocks, cryptos, etc. up and then down. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:941948093] in Elon Musk ... [t:78838155]...</cite> <quote>Lebronwon posted... </cite> <quote>Yes it does. Just 1 would have been a 1300 profit. 10 would have been 13k.</quote> It's not a profit unless you sell. Plenty of people have ridden stocks, cryptos, etc. up and then down. </quote> ... Copied to Clipboard!
Damn_Underscore 07/10/20 7:46:17 PM #16:	Anteaterking posted... It doesn't really matter unless you would sell now. That is true, I don't trust Tesla stock at all tbh. I sold it when it was in the $300s (made a profit still), and I regret that now, but the reason I sold it is because the stock was volatile af. It could easily drop back down. But I could also imagine hoping that it will go up even more and not selling it now. --- Shenmue II = best game of all time Shenmue = 2nd best game of all time <cite>Damn_Underscore posted [p:941948207] in Elon Musk ... [t:78838155]...</cite> <quote>Anteaterking posted... </cite> <quote>It doesn't really matter unless you would sell now.</quote> That is true, I don't trust Tesla stock at all tbh. I sold it when it was in the $300s (made a profit still), and I regret that now, but the reason I sold it is because the stock was volatile af. It could easily drop back down. But I could also imagine hoping that it will go up even more and not selling it now. </quote> ... Copied to Clipboard!
Unsugarized_Foo 07/10/20 7:48:30 PM #17:	Musk and Tesla are exactly the opposite of what Buffett invests in. I'd rather have WBs investments than Musks --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:941948293] in Elon Musk ... [t:78838155]...</cite> <quote>Musk and Tesla are exactly the opposite of what Buffett invests in. I'd rather have WBs investments than Musks </quote> ... Copied to Clipboard!
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Current Events > Elon Musk now worth $70.5 billion, more than Warren Buffett (+) Yeah! (+)

Current Events > Elon Musk now worth $70.5 billion, more than Warren Buffett