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25 points
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? ~60% of his wealth is estimated to be in Tesla shares

His net worth is definitely affected by Tesla shares declining

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-6 points

No, it actually ~13% while on SpaceX being the owner he has a share of ~42%

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19 points

It’s not what they were talking about though. They said tesla shares were 60% of his wealth, not that he owned 60% of tesla.

I can’t find the actual number but it looks like tesla shares were 75% of his wealth in 2020, and fell to 37% in 2022 when he sold some.

So it’s definitely hurting him

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1 point

So what you are telling me, is that 37% of what he made till 2022 is from Tesla, yes, that is true, but if it fell from 75% to 37% in just 2 years and it most likely fell again till 2024, that amount has to been shrinking due to a larger summ of money coming from another investment with a bigger amount of shares. SpaceX started gaining more money with the starlink project and the governmental contracts, around 2019-2020 and who has the most shares in that company? Is Elon, today his wealth is not coming that much from Tesla, he still made money from it, but we are debating small stuff to what SpaceX represents to him.

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