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Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 (20338 Views)

Elon Musk Is Now The Richest Person In The World / Jeff Bezos Could Become World’s First Trillionaire By 2026 / "My Trillionaire Friend" Femi Otedola And Dangote Pictured Together At An Event (2) (3) (4)

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Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Oakenshield: 2:15pm On Sep 10
sreamsense:

You are still a chief custodian of that same curse because you are an Africa who can't make any impact for the same Africa than talking and complaining. Instead of complaining, bend down and work. Stop pointing fingers for other to do what you can't do yourself to change history of Africa. Don't expect anyone to do for you what you can't do for yourself. Show us the impact you and your family have made that affect Africa positively other than complaining and accusing leaders.

No one gives complainer an award. If you can not be parts of those who make that changes you are asking for to happen to Africa, you are not qualify to point fingers. You and I should bend down to make that positive changes happen for glory of Africa. Don't expect other Africans to be working for you while you come online to point fingers. Be part of the changes providers for Africa and not complainants
absolute gibberish you wrote. A tree can't make a forest because we all know sycophants who loves bad leaders. You and I cant make change in Africa political dynamics. So explain why none African leaders get medical care in their countries after budgets been allocated to health.

3 Likes 2 Shares

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Elxandre(m): 2:16pm On Sep 10
RodgersAkpafu:


he actually has a point
look at how quickly zoom lost value between 2020 and 2024
valuation metrics though not totally rubbish, need some tweaking here and there

Valuing a business at billions of dollars when they are burning cash quarter after quarter with no profits, be it gross or net to me does not feel right

If the business finally "shows workings" are now Cash flow profit plus positive /fat net profit, then we can understand

long story short
let's be open minded
It's based on the stock market capitalization, not revenue.

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by jaxxy(m): 2:16pm On Sep 10
Interesting. Musk is into alot of business.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Blitzking: 2:19pm On Sep 10
Ideally no man should attain the trillionaire status but for the continued printing of money by nations especially usa its very possible and they tag it govt debt.

4 Likes

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Stephench: 2:19pm On Sep 10
Musk is not hitting 300 billion instead he'll plummet. He'll run twitter aground. Tesla is struggling although - would have been destroyed if he was given more hand than he currently has. Space X has some good potentials but it's already at its height. He's a very good salesman but most of the world has seen him for what he is and it's going to affect him

3 Likes 2 Shares

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by iramure(m): 2:19pm On Sep 10
Meanwhile, the idiotic men of dog we have littered all over Nigeria like "nuisance" are tying prosperity to tithe, offering and seed payment. If God truly exist, you shall all be disgraced.!.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:20pm On Sep 10
RodgersAkpafu:


he actually has a point
look at how quickly zoom lost value between 2020 and 2024
valuation metrics though not totally rubbish, need some tweaking here and there

Valuing a business at billions of dollars when they are burning cash quarter after quarter with no profits, be it gross or net to me does not feel right

If the business finally "shows workings" are now Cash flow profit plus positive /fat net profit, then we can understand

long story short
let's be open minded

But his post is wrong. Misinformation because Forbes will have the man's networth as $100K
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by SmartPolician: 2:22pm On Sep 10
DaddyCoool:






His calculation is WRONG! Oga stop spreading misinformation. Forbes will put this man's networth at $100K - exactly what he is worth.

It's not wrong. They just own a fraction of the business. Stop arguing what you know nothing about. For instance, Bezos owns about 9% of Amazon

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Doylestown92(m): 2:23pm On Sep 10
kay29000:


Elon Musk's money doesn't come from being twitter CEO. He was already worth over $200 billion before he bought Twitter in 2022.

Read up...https://www.forbes.com/profile/elon-musk/

We weren't talking about how much he has. Moreover, People like Bill Gates and Jeff Bezos are richer than him if not for charity and divorce.

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:24pm On Sep 10
Stephench:
Musk is not hitting 300 billion instead he'll plummet. He'll run twitter aground. Tesla is struggling although - would have been destroyed if he was given more hand than he currently has. Space X has some good potentials but it's already at its height. He's a very good salesman but most of the world has seen him for what he is and it's going to affect him

You're wrong. He has a million other business ideas and interests. You forget his boring company. His wealth is NOT from salesmanship but from innovation, risk-taking, and always working

3 Likes 2 Shares

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Doylestown92(m): 2:25pm On Sep 10
Elxandre:

You're not serious. Who is Diddy to own more shares than Elon Musk in Twitter ? He's barely even a billionaire.
Check again, elon has the biggest share in Twitter!

What's not being serious here? I believe your mind should be open to knowledge, void of whatever sentiment you are baptized in.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Saladdin: 2:25pm On Sep 10
SmartPolician:
I think the world needs to re-evaluate how individual wealth is measured.

A man has a business idea, pitches it to venture capitalists and raises $200k in equity capital of 20%.

He sells 70% of his business in shares and raises another $700k.

The business is worth $1 million with founder owning 10% of the business or $100k.

He's called the world's richest man whereas he has only $100k out of the $1 million business value.

It's even worse than that. Bulk of their wealth is only "academic wealth" and not the real wealth.

Practically none of those Billionaires with the exception of Bill Gates have up to $1 Billion Dollars in cold hard cash.

In the grand scheme of things, Mr. Musk is a low-tiered elite whose wealth and entire life can be ruined by the REAL elites.

3 Likes

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by RodgersAkpafu: 2:25pm On Sep 10
Elxandre:

It's based on the stock market capitalization, not revenue.

and what is the stock market capitalisation predicated on ?
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by RodgersAkpafu: 2:26pm On Sep 10
Saladdin:


It's even worse than that. Bulk of their wealth is only "academic wealth" and not the real wealth.

Most of those Billionaires with the exception of Bill Gates do not have $1 Billion Dollar in cold hard cash.


In the grand scheme of things, Mr. Musk is a low-tiered elite who wealth and entire life can be ruined by the REAL elites.

I can tell the YouTube channels you watch just by what u posted up there. grin cheesy

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Panda7: 2:27pm On Sep 10
Newlymarried:


https://news.sky.com/story/amp/elon-musk-on-track-to-be-the-first-trillionaire-by-2027-according-to-report-13211518
whoever is promoting [Fp] is taking udders away from [d] and perfect [R] π_let others girth too. Not promoting po.fa.t.y. everywhere.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Doylestown92(m): 2:29pm On Sep 10
Saladdin:


It's even worse than that. Bulk of their wealth is only "academic wealth" and not the real wealth.

Most of those Billionaires with the exception of Bill Gates do not have $1 Billion Dollar in cold hard cash.

In the grand scheme of things, Mr. Musk is a low-tiered elite who wealth and entire life can be ruined by the REAL elites.

Don't mind this suckers, who wouldn't want to learn anything contrary to their beclouded sentiments. Bill Gates is the cash richest man in the world, with over 61 billion dollars in cash, yeah. Ben Franklins!
Nobody else comes close, anywhere in the world.

2 Likes

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:31pm On Sep 10
Elxandre:

You're not serious. Who is Diddy to own more shares than Elon Musk in Twitter ? He's barely even a billionaire.
Check again, elon has the biggest share in Twitter!

Doylestown92:


What's not being serious here? I believe your mind should be open to knowledge, void of whatever sentiment you are baptized in.

He probably got the nonsense from YouTube - doyen of misinformation! See below

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Doylestown92(m): 2:31pm On Sep 10
RodgersAkpafu:


I can tell the YouTube channels you watch just by what u posted up there. grin cheesy

So? Let's say he does watches YouTube channels, what's wrong? I want to know.

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Doylestown92(m): 2:33pm On Sep 10
DaddyCoool:




He probably got the nonsense from YouTube - doyen of misinformation! See below

AI? Jesus Christ! Man, you got nothing substantial there.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by RodgersAkpafu: 2:34pm On Sep 10
Doylestown92:


So? Let's say he does watches YouTube channels, what's wrong? I want to know.

its actually a very good thing
I subscribed to the same channel

education is good
regardless of WHERE you get it from
as long as it is credible


P.S.
Not everything is a personal attack

1 Like

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:36pm On Sep 10
Doylestown92:


So? Let's say he does watches YouTube channels, what's wrong? I want to know.

90% of YouTube is misinformation. That's what's wrong.
Anybody can post anything and because it's video it's very easy to fool people with deceptive logic combined with manipulated video clips.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by mecuries(m): 2:36pm On Sep 10
Bmaster:
and Solomon will still remain the richest man of all time.may be Elon musk is from one of the lineages of Solomon when properly tracked
.. who is Solomon?
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Kinoike: 2:36pm On Sep 10
In Pastor Odumeje's voice. 10 Dangote = 1 Elon Musk.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:38pm On Sep 10
mecuries:
.. who is Solomon?

He is the wisest man who ever lived..
And he married 700 wives and had 300 other women he was sleeping with who were NOT his wives
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Didijiji: 2:39pm On Sep 10
sukar886:

Na u go pay abi
lol
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:42pm On Sep 10
Kinoike:
In Pastor Odumeje's voice. 10 Dangote = 1 Elon Musk.

Wrong!
22.8 Dangote = 1 Elon Musk

251÷11=22.8

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Franzinni: 2:42pm On Sep 10
If he spends 1 million a day he will not finish it till he biologically expires ... That is not wealth again o

We need a new name for that can of accumulated resources

1 Like 1 Share

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by DaddyCoool: 2:45pm On Sep 10
Doylestown92:


AI? Jesus Christ! Man, you got nothing substantial there.

He's still talking. Even idiots know when to stop talking
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by goslowgoslow(m): 2:48pm On Sep 10
osuofia2:

They prefer to pray 5 times a day and be religious instead of solving humanity problems
Yes you are right but please what humanity problems have you solved as a person? Kettle will be calling pot black.

2 Likes 1 Share

Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by mecuries(m): 2:51pm On Sep 10
DaddyCoool:


He is the wisest man who ever lived..
And he married 700 wives and had 300 other women he was sleeping with who were NOT his wives
"While there is no direct historical evidence of Solomon's existence, he is an important figure in the stories and culture of ancient Israel and the ancient Near East. In the Hebrew Bible, Solomon is renowned for his leadership and wisdom and building the Jerusalem Temple."... This is a quote from Google.
Re: Elon Musk Is On Track To Become The World's First TRILLIONAIRE By 2027 by Stephench: 2:51pm On Sep 10
DaddyCoool:


You're wrong. He has a million other business ideas and interests. You forget his boring company. His wealth is NOT from salesmanship but from innovation, risk-taking, and always working

The only thing superb about Musk is his salesmanship and ability to identify promising ventures. He's not innovative in the real sense of the word but he's good at identifying promising innovations and using his good salesmanship and connections to get investors. The problem with this is, since he came to limelight, involved himself in political subjects and shown himself to be quite eratic, lots of investors are beginning to have questions about him.

1 Like

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