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Elon Musk has once again raised an interesting topic about his wealth. It turns out that his main assets are not cash in the bank account, but shares in Tesla and SpaceX. Less than 0.1% of Elon Musk's total wealth is in cash. This is quite revealing when you think about it.
What’s also interesting is that employees of both companies also benefit from the increase in value through stocks and options. So, this is not just the personal wealth of one individual, but a distributed system. Musk emphasized that over 80% of Tesla's shares are owned by retail investors, index funds, and pension funds. It turns out that Elon Musk’s wealth is closely linked to the well-being of millions of other people.
This means that when the value of Tesla and SpaceX rises, not only Musk himself benefits, but also ordinary people who hold these stocks in their portfolios or pension funds. An interesting point is that Elon Musk’s wealth becomes a kind of indicator of the success of these companies for a broad range of investors. So, talking about his wealth as a personal achievement is an oversimplification. It is more a reflection of the value created by his companies for thousands of people.