this post was submitted on 20 Mar 2025
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Well the subject originally was that Tesla's drop was hurting elon, to which you said "he doesn't feel it that much".
By doing a quick search, I found that his spaceX shares are worth around $147 billion, while is tesla shares are worth around $98 billion. You are right that spaceX represents more, but it's not small stuff. And to stay on topic, it seems like the value of his Tesla stock and options has declined by nearly $102 billion since the beginning of the year, which I think is not small even for him.
While you are right the contracts with the governements are balancing the losses a bit, it's still a good chunk of his wealth, as it seems he has gone from $443 billion in december 2024 to $380 billion mid february, and I'll take whatever hurst this mf.
I went a bit far from the main subject, what I meant with "He doesn't feel it that much" is that it's not enough of pain for him, and SpaceX will be his saving grace to preserve his power. I should have been more precise
Edit: Plus, I was wrong, I should have researched it a bit more. Thanks for the info
I definitely agree with you when you say it's not enough !