this post was submitted on 12 Jun 2026

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SpaceX IPO makes Elon Musk the world's first trillionaire (www.reuters.com)

submitted 1 month ago by davel@lemmy.ml to c/worldnews@lemmy.ml

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[–] gary_host_laptop@lemmy.ml 14 points 1 month ago (2 children)

you're describing literally every billionaire

[–] usernametbd@lemmy.zip 7 points 1 month ago

True that - Elon is just the most glaring example.

[–] definitemaybe@lemmy.ca 0 points 1 month ago

Most, maybe, but off the top of my head, I can think of two easy counterexamples:

Warren Buffett's wealth is in diverse investments; it's only inflated insofar as the entire stock market is overvalued
Gabe Newell's wealth is almost entirely in Steam, which isn't even publicly traded so can't really be overvalued by "hype"