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The profits of Musk’s companies throughout history are negative or close to zero.
SpaceX’s accumulated loss is $42 billion.
Tesla’s total profit over the entire history is $42 billion. And the free cash flow is even less—just $20 billion.
More from history:
- PayPal (the period of Musk’s involvement) — a small profit
- Neuralink — unprofitable
- xAI — unprofitable
At the same time, Max is the richest person on the planet!
His daily fluctuations in wealth equal the entire wealth of the Walton family (the founders of Walmart) or Buffett.
CONCLUSION: Want to be rich? Don’t show profits! 😎
What do you think—how is it that all the well-known marketplaces and AI companies are unprofitable, yet their owners get richer? Is this normal? Share your thoughts 👇🤝