How Elon Musk Makes And Spends His Billions | Business Insider Explains | Business Insider

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  • čas přidán 14. 05. 2024
  • Elon Musk has amassed a fortune, but because the majority of his wealth is tied to Tesla shares and stock options, it dips and rises by the day, sometimes by more than 10 billion dollars. For about a year, it has hovered around 200 billion, more than the GDP of over 150 countries. Here’s how he became one of the world’s richest people, and where he spends his money.
    Editor's Note: In a previous version at 0:25, we showed an incorrect map of Bulgaria. We corrected the image.
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    • INSIDE QUANTICO - How ...
    00:00 - Introduction
    00:36 - Zip2 And PayPal, Musk's First Start-Ups
    01:25 - Tesla Under Elon Musk
    02:15 - The Ups And Downs Of SpaceX
    02:50 - Founding The Boring Company
    03:24 - Investing In Neuralink
    03:50 - Transforming Twitter Into X
    04:28 - Elon Musk's Real Estate Portfolio
    05:12 - Musk's Collection Of Jets And Cars
    05:50 - Elon Musk's Donations
    ------------------------------------------------------
    #ElonMusk #BusinessInsiderExplains #BusinessInsider
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    How Elon Musk Makes And Spends His Billions | Business Insider Explains | Business Insider

Komentáře • 701

  • @YOGESHVAJA-gd9dj
    @YOGESHVAJA-gd9dj Před 18 dny +317

    Try to make few research before letting anyone trade for you like I did ❤ Thank you Jesus, God bless America.

  • @artinweddings
    @artinweddings Před měsícem +42

    This presentation is dripping with envy and resentment. Get off the couch, get an education, build a work ethic and you can also be successful. Stop worrying about what other people are doing.

    • @espeon871
      @espeon871 Před 11 dny +1

      How? He had investments from his dad to even start off his first company, he has never worked hard, this man whos online 24/7 and is a pos dad and boss isnt the pinnacle of work ethic hes just rich.

    • @artinweddings
      @artinweddings Před 11 dny

      Case in point

  • @gvcristaff
    @gvcristaff Před měsícem +63

    This entire video was filled with a lot of underhanded comments about musk and also statements that disregarding the blatant fact most of his money is tied up in stock. Lol expected better from Business Insider

    • @francisfishing4913
      @francisfishing4913 Před měsícem

      It's because Musk sucks sooo bad

    • @singh5004
      @singh5004 Před měsícem +1

      The left is after him and Business Insider works for the woke left! It’s a very odd video but somehow I’m not surprised

    • @singh5004
      @singh5004 Před měsícem +1

      Leftist agenda from Business Insider , not surprised

    • @peekapeeka6482
      @peekapeeka6482 Před 26 dny +2

      Literally in the first few minutes of the video, they say his net worth is tied up to Tesla stock and other illiquid assets 🙄

    • @michelebella677
      @michelebella677 Před 17 dny

      Maybe you missed the first part where they said his money is tied up in stock. Selective hearing, I presume?

  • @aberba
    @aberba Před měsícem +65

    It's not money in the bank. This is some volatile nonsense

  • @yuluntsang
    @yuluntsang Před měsícem +37

    Did I literally hear her say... "right-wing darling"? Don't forget, Elon has been voting Democrats for YEARS... and I wonder what changed?

    • @diane771
      @diane771 Před měsícem +5

      when Biden came into office

    • @singh5004
      @singh5004 Před měsícem +1

      You can’t help but wonder this is a hit piece from Business Insider with leftist agenda. The left shows zero tolerance for anyone who doesn’t agree with them and how dare Elon try to think different

  • @DianaR.Ballard
    @DianaR.Ballard Před měsícem +166

    I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

    • @user-tf6nw4yf8v
      @user-tf6nw4yf8v Před měsícem

      The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

    • @user-pb8xf9if3c
      @user-pb8xf9if3c Před měsícem

      Mind if I ask you to recommend this particular coach to you using their service?

    • @AndrewA.Peterson
      @AndrewA.Peterson Před měsícem

      Thank you for the lead. I searched her up, and I sent her an email. I hope she gets back to me soon.

  • @tenzynorsang8877
    @tenzynorsang8877 Před měsícem +91

    This is very misleading and misinformation from this business channel or paper called Business Insider. 90% of his net worth or wealth is tied to his Tesla shares and if Tesla stock goes down his net worth goes down significantly as well and vice versa. But it’s not like the way it’s described here, he is not sitting around with billions in cash nor he can sell his Tesla shares whenever he wants. Do better business Insider.

    • @user-et9by5uu9e
      @user-et9by5uu9e Před měsícem +12

      it literally says that his wealth is in stocks at the begining of the video and talks about net worth the whole time how is that missinfo???

    • @danish-texas
      @danish-texas Před měsícem

      Report

    • @Wsdf-dm2ht
      @Wsdf-dm2ht Před 21 dnem +1

      ​@user-et9by5uu9e well did you not hear this lady keeps ranting about musk not making donations, in comparison to his adversaries?

    • @michelebella677
      @michelebella677 Před 17 dny +1

      Did you miss the part where they literally said his wealth is tied up in stocks? It’s incredible people just hear what they want to.

    • @michelebella677
      @michelebella677 Před 17 dny

      @@Wsdf-dm2htso what? Why shouldn’t she complain? People like Musk are a large part of why there’s vast poverty in the world. He’s taken advantage of the trickle down economics of the Reagan-era. He just didn’t get the part where Reagan said in order for his economic policy to work, the rich actually had to participate in it. People have every right to complain, just like Musk does about everyone else.

  • @sampendley7117
    @sampendley7117 Před měsícem +15

    Sounds like he made it his own way and your pissed

  • @Louisbrus498
    @Louisbrus498 Před měsícem +18

    As a newbie that wants to invest, you must have these three things in mind
    1. Have a long term mindset.
    2. Be willing to take risk.
    3. Be careful on money usage, if you're not spending to earn back, then stop spending.
    4. Never claim to know - Ask questions and it's best you work with a financial advisor.

    • @Louisbrus498
      @Louisbrus498 Před měsícem

      As a beginner investor, it's essential for you to have a mentor to keep you accountable.
      Myself, I'm guided by Charlotte Goldyn . A widely known crypto consultant

    • @Alexibawendi
      @Alexibawendi Před měsícem +1

      For real, people underestimate how much they can rake in from the stock market. I started with 127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than 206k within just three months of starting, and it's been an awesome ride since then.

    • @Alexibawendi
      @Alexibawendi Před měsícem

      My financial advisor is Charlotte Goldyn Allan

    • @BeckerGodfrey
      @BeckerGodfrey Před měsícem

      I'm new to cryptocurrency and I don't understand how it really works.Can someone guide me on the right approach to investing and making profit from cryptocurrency investment?

    • @KaterinaEvan159
      @KaterinaEvan159 Před měsícem

      This is something I've heard of severally, but I just don't know how to find an advisor. If you'll be kind enough, can I ask who your financial advisor is?

  • @paul3dwards
    @paul3dwards Před měsícem +3

    Interesting how I learned more about this woman as a person than I did Musk. She’s like the M. Night Shyamalan of journalism.

  • @thisisfitz731
    @thisisfitz731 Před měsícem +143

    The writer obviously dislikes Musk, not a fan of biased journalism.

    • @afrogedon
      @afrogedon Před měsícem +20

      There might be a flavor to the formulation of the sentences, but overall these are just facts stated in the video

    • @maxvaessen
      @maxvaessen Před měsícem +9

      Totally agree, what a sour episode. Journalism? Hahahahaah!

    • @AustinRalls
      @AustinRalls Před měsícem +17

      This lady is part of the woke mind virus. Love how she used air quotes

    • @DavidKen878
      @DavidKen878 Před měsícem +6

      @@afrogedonFacts or not, she definitely feels some type of way about him and it shows.

    • @brain189
      @brain189 Před měsícem +9

      Lol poor baby

  • @thiagomoreno8761
    @thiagomoreno8761 Před měsícem +27

    The fact that she tried to insinuate that SpaceX is what it is today because NASA “saved the day” is not only insane but shows either a disturbing bias or a serious lack of research.

  • @FatimahSadiq-nh5ue
    @FatimahSadiq-nh5ue Před měsícem +22

    I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    • @Miaisabelle-yk6rd
      @Miaisabelle-yk6rd Před měsícem +1

      yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

    • @AlfredoMoren
      @AlfredoMoren Před měsícem

      Hello, I’m 37 and I am not worth much yet , please help me out. Bought my first house last month and I can't seem to make any other smart investment.

    • @JephthaRamsey
      @JephthaRamsey Před měsícem

      wanted to trade, but I got discouraged with the market price fluctuations

    • @JephthaRamsey
      @JephthaRamsey Před měsícem

      Can you recommend a guide for me?

    • @Karagoldberg7
      @Karagoldberg7 Před měsícem

      Haven't you heard of Expert Chrissy Barymoer ?He gives excellent guide on the right stock with high dividend

  • @NewGuy2024
    @NewGuy2024 Před měsícem +136

    Note to self: It's probably best to be the #11 richest person in the world. That way you get less attention and scrutiny from the world.

    • @tobybrown1179
      @tobybrown1179 Před měsícem +16

      The real wealthy people aren’t talked about, some for example Rothchields or owners of the privately owned Federal Reserve Bank, or Bank of International Settlements just for starters

    • @itssidx
      @itssidx Před měsícem

      yeah 100% most of the wealthiest people know that the scrutiny they will get for publicly disclosing wealth is not worth it especially when its generational/family wealth like the people you mentioned and many others including Putin, Saudi royal family rumored to be worth close to or over a trillion usd, UAE royal family and basically all the emirati royals lmao@@tobybrown1179

    • @joebloe1401
      @joebloe1401 Před měsícem +1

      Crappiest video in the history of the universe!!!!

    • @aviefern
      @aviefern Před měsícem +7

      True. Michael Bloomberg has been near the top for years and even though he was the NYC mayor and a presidential candidate, barely anyone talks about him.

    • @aviefern
      @aviefern Před měsícem

      ​@@tobybrown1179, the wealth of the Rothschild family is largely exaggerated by conspiracy theories. Also, the Federal Reserve is "owned" by its shareholders which are the commercial banks operating in the US. Whatever profits the Federal Reserve makes are remitted back to the US Treasury.
      In the same way, the BIS is owned by its shareholders which are the central banks of all the member countries.

  • @NiceTryAmigo
    @NiceTryAmigo Před měsícem +2

    Sad that people like to count others money

  • @EntheoSalvia
    @EntheoSalvia Před 15 dny

    Elons mind is a treasure for humanity. He will be required reading for future scientists, engineers and eventually historians.

  • @DiggerPrints0814
    @DiggerPrints0814 Před měsícem +6

    Can't be bothered checking as I don't care that much, but at least he literally made his own Billions......

  • @noonecares514
    @noonecares514 Před 29 dny +3

    Editor: How much editing do you want in the video ? Business insider : None we're gonna use stickers like kids do

  • @farright118
    @farright118 Před měsícem +1

    5:45 it's his money as long as he pays his taxes leave him alone

  • @imtiazmajeed8217
    @imtiazmajeed8217 Před měsícem +1

    This content felt bitter and biased. I'm not a fan of ultra high worth individuals having too much control over social mobility and economic policy, however how many of us will continue to innovate and keep grinding after getting a 20 million paycheck at the age of 27... food for thought.

  • @hellodavey1902
    @hellodavey1902 Před měsícem +86

    I’m surprised I’m subscribed to a channel that made this vid. I thought Business Insider was a serious/intereseting channel. I have to review my subscription/this channel’s content.

  • @tylergamester2179
    @tylergamester2179 Před měsícem +138

    I thought Business Insider was a serious channel?

    • @mitchellwilliams4998
      @mitchellwilliams4998 Před měsícem +12

      idk it seemed fairly well presented and serious to me.

    • @mitchellwilliams4998
      @mitchellwilliams4998 Před měsícem +7

      i like the part where they outline how hes scummy with his money and doesn't donate any of it to help the ppl around him.

    • @robertskolimowski7049
      @robertskolimowski7049 Před měsícem +1

      What's your reservations?

    • @hellodavey1902
      @hellodavey1902 Před měsícem

      @@mitchellwilliams4998😂😂

    • @tristiangaming
      @tristiangaming Před měsícem

      @@mitchellwilliams4998I mean he does but he also puts it to helping humanity as a whole for our future

  • @adriansampson6774
    @adriansampson6774 Před měsícem +7

    So sad to see mainstream media treat such an important man like this :(

  • @seanohelan8241
    @seanohelan8241 Před měsícem +1

    The commets, thus far are a revelation!!!!

  • @jeffm5099
    @jeffm5099 Před měsícem +69

    I love how the road to riches starts with him and his brother selling their first company. His road to riches started when Daddy owned an insanely profitable emerald mine in South Africa. It's much easier to get rich when mommy and daddy are already millionaires.

    • @emlynatochon9767
      @emlynatochon9767 Před měsícem +20

      Pliz go ahead and make billions from millions if you think it's easy to make it with such a portfolio 😂😂

    • @DavidKen878
      @DavidKen878 Před měsícem +13

      What does his parents being rich have to do with selling his company? Nothing but hateful hypocrisy

    • @Fourtune1
      @Fourtune1 Před měsícem

      His family moved to Africa to exploit apartheid. Must be nice to move to a place that legally says you’re superior and entitled to others resources. Elon has never struggled.

    • @kkent4174
      @kkent4174 Před měsícem +9

      Exactly born rich. His rich model mom to.

    • @erosamurai
      @erosamurai Před měsícem

      There is no evidence the emerald mine exists. Many biographers have debunked this myth which is why it is not covered in this video. It’s rumour only with no evidence. Musk even tweeted that he’d pay anyone who can find proof of its existence

  • @TheDaddyNick
    @TheDaddyNick Před měsícem +23

    .9% (less than 1%) of 200B net worth is 1.8B philanthropy. And you are criticizing that?

    • @Mr_MikeMikeMike
      @Mr_MikeMikeMike Před měsícem +10

      Yeah it's funny cause he's donated more than all of us here in the comments will ever make in our lives combined

    • @joebloe1401
      @joebloe1401 Před měsícem

      Crappiest video in the history of the universe!!!!

    • @kaustubh42020
      @kaustubh42020 Před měsícem +3

      Philontrophy by society is counted as how much you have given of what you have. if I give away $50 of my $100, then it is still more philanthropic than Musk.

    • @Marco_My_Words
      @Marco_My_Words Před měsícem

      @@kaustubh42020
      Philanthropy is defined as the act of donating money, resources, or time to improve the lives of others. It's not measured merely by the amount or percentage of wealth given away but by the donations' scale and effect. Philanthropy includes contributions of any size, with the focus on the intention behind and the impact of the giving, rather than the precise amount or wealth percentage. Whether it's significant donations from the wealthy or smaller, regular gifts from those with less, all are valued if they aim to benefit the public good. The emphasis lies on the purpose and outcome of the donations rather than their financial value. However, giving $50 as a person of limited means is still much easier and less impactful than a wealthy individual donating billions.

    • @TheDaddyNick
      @TheDaddyNick Před měsícem +2

      @kaustubh42020 lol well, only by an arbitrary measure of percentage. That's by no means an accurate statement, nor the only measure of philanthropy. That is a pretty disingenuous measure. It's an argument of semantics, essentially. By actual measure, thats saying 50% of $100 is more effective than 1.8 billion dollars, which by every measure of reality would just make you sound ridiculously stupid.
      Is that still your argument?
      Btw, I dont like Musk, im just being realistic.

  • @sibonakalisocele8323
    @sibonakalisocele8323 Před měsícem +64

    Musk donating to himself is hilarious 😂😂😂

    • @kea5763
      @kea5763 Před měsícem +9

      It's sleazy.

    • @gravityawsome
      @gravityawsome Před měsícem +1

      ​@@kea5763
      And hilarious.

    • @CurtisJanzen
      @CurtisJanzen Před měsícem +2

      it's a pathétic sméar attémpt. gatés also donatés to his own foundation but you won't get that narrativé from a woké déi hiré

    • @DangThiPhuong.
      @DangThiPhuong. Před měsícem

      Hello ❤❤❤❤

  • @uzumaki7786
    @uzumaki7786 Před dnem

    Elon musk is a true example of
    Stonks 📈📈🗿

  • @user-hd5hq9hg4z
    @user-hd5hq9hg4z Před měsícem

    He doesn't.
    He has only Tesla stock.

  • @F22ERaptor
    @F22ERaptor Před měsícem

    The video fails to distinguish what Shares are and what cash is. Elon Musk does not have 200bn in cash in a bank. He has shares in Tesla, which mean that he gets a check every month from Tesla - a the amount depends on the Share price.
    He has also taken many risks which paid off. Electric cars were not a sound venture when he embarked upon mass production of these. But it worked and he is reaping the rewards.
    People are buying his products and investing in his companies. There is great confidence in him, hence the investments. It's not just Elon making these companies successful, it is a wide group of individuals and innovators.
    The video fails to articulate the good that Elon Musk has achieved. It is no mean feat - the speaker in the video has a disdain and possibly jealousy for Musk. She is quite sarcastic when describing is acquisition of Twitter - for the record, Twitter was losing a lot of money which is why they were ripe for acquisition. I also note the tone - she is a liberal as she describes Musk as a right-wing darling. Note: he isn't right wing.
    Not the standard I would have expected from Business Insider.

  • @marieazrak1951
    @marieazrak1951 Před měsícem

    Also, he took out a couple student loans so he could go to college and get a degree in engineering

  • @Pnw208
    @Pnw208 Před měsícem +1

    Your math is terrible. 8 cans of Diet Coke per day does not cost $4000 a year. Each can is about .$.50 that’s only 1460 a year. It makes me not trust any of your other numbers if you couldn’t get something so easy to calculate right.

    • @francisfishing4913
      @francisfishing4913 Před měsícem

      WHERE is coke $.50 ??? A can of coke is $3 here

    • @Pnw208
      @Pnw208 Před měsícem

      @@francisfishing4913 what? A 24 pack at Walmart is under 13$ with no grocery tax. Safeway often has buy 3 get 3 free 12 packers and is even cheaper than that. Costco has larger flats for less than Walmart. You’re paying $3 per can of soda? A 2 liter is like $2.68 at Walmart here. You pay $72 for a 24 pack of soda?

  • @tatsnneeps341
    @tatsnneeps341 Před 24 dny

    Why should Elon feel pressure into giving away his money? I don't blame the man keeping hold of it 👍

  • @JetseTurner
    @JetseTurner Před měsícem +8

    You left out Elons 11 kid's, how much money does he spend on them?!

  • @finnogorman5683
    @finnogorman5683 Před měsícem +2

    He's produced billions which get taxed and go to social programs. Be a little grateful.
    The companies he has been a part of have also produced great value to society. Thats why hes so rich

  • @michelebella677
    @michelebella677 Před 17 dny

    Nobody should be this wealthy. The vast difference between the 1% and the other 99% is insane. This is Reaganomics at work.

  • @roycesato4129
    @roycesato4129 Před měsícem +21

    Journalism is just championing your side I guess

  • @gunm808
    @gunm808 Před měsícem +31

    BI is being very generous in how they are crediting Elon's actual involvement in these companies.

    • @no-ic5gw
      @no-ic5gw Před měsícem

      Bootlickers

    • @billjohnson9221
      @billjohnson9221 Před měsícem +5

      Are you kidding. He works 70-80 hour weeks and is more on top of any of his companies day to day business than any other CEO on the planet, especially at his level.

    • @no-ic5gw
      @no-ic5gw Před měsícem +9

      @@billjohnson9221 what does he do all those hours exactly? Also he doesn't work enough to justify how much he has in comparison to normal people.
      Plus he just acquires things and acts like he makes them.
      Hes a con
      You've been conned

    • @KingOfKings__
      @KingOfKings__ Před měsícem

      @@billjohnson9221Prove it

    • @kezia8027
      @kezia8027 Před měsícem +1

      @@no-ic5gw what does he do? Mostly ketamine apparently lmao certainly explains a large number of his 'business genius' decisions over the years...

  • @lawrencefrost9063
    @lawrencefrost9063 Před měsícem +19

    I'm not going to watch this crap, I can tell you are going to be biased from the dislikes (1k likes 1.3 dislikes on this video) It's a rare thing indeed to see a Elon Musk video from a journalist and have it not be complete FUD or bullshit. It's like you guys have a compulsive disorder to attack him no matter what.

    • @gabrielsatter
      @gabrielsatter Před měsícem

      Everything was accurate and barely scratched the surface of what a scumbag he is along with the rest of Billionaires for simply existing.
      What do you flavor their boots with? Mango salsa?

    • @kevinp4640
      @kevinp4640 Před měsícem +1

      how can you even see the dislikes? youtube updated their platform during cooties19 to remove dislike counter

    • @ElectrostatiCrow
      @ElectrostatiCrow Před měsícem

      ​@@kevinp4640Use your computer. Download a plugin that allows you to see dislikes.

    • @DangThiPhuong.
      @DangThiPhuong. Před měsícem

      Hello ❤❤❤😊😊😊

    • @itisWhatitis12345
      @itisWhatitis12345 Před měsícem

      @@kevinp4640 there's a plugin you can use

  • @TheBmco99
    @TheBmco99 Před měsícem

    Dam that’s about 190 $9,999,500 more than I got

  • @funnytortoise
    @funnytortoise Před 16 hodinami

    "RiGhT WiNg dArLiNg"

  • @TheMeerkat88
    @TheMeerkat88 Před měsícem +2

    At 2:35, you say SpaceX had multiple failures in 2008. Correct, it had 3 Falcon1 failures. The image of the rocket you have pointed down is Starship stacked on top of Super Heavy Booster, which launched in 2023 and 2024.

  • @joek1353
    @joek1353 Před měsícem +5

    He's the best entrepreneur of all times. That's why ppl continue to buy tesla. It's your average ev version of a honda.

  • @MyMajorJohnson
    @MyMajorJohnson Před měsícem +25

    0:27 "Right wing darling"? I must of missed when he announced he went right wing given he's moderate stance.

    • @mikaellavoie6811
      @mikaellavoie6811 Před měsícem +1

      Clearly a leftard just the way she said he want to defeat the "woke mind virus" imitatuing big quote with a clear disdain on her face.

    • @DangThiPhuong.
      @DangThiPhuong. Před měsícem

      Hello ❤❤❤

  • @SpiderpigThe
    @SpiderpigThe Před 18 dny +1

    Only liberals will tell you someone should spend their money. It's his money, let him do whatever he wants with it.

  • @rd9102
    @rd9102 Před měsícem +2

    Tell me you have envy of someone's wealth without telling me you have that envy. Now you know what's in this video.

  • @john6717
    @john6717 Před měsícem +8

    "how dare someone not give away their money the way business insider wants them to."
    I think you guys should worry more about publishing lies online and having people like Bill Ackman come after you than how Elon gives his money away.

  • @simonhoffmann9262
    @simonhoffmann9262 Před měsícem +65

    Donating 2 billion dollars and still getting shit on by some random jealous journalist ... how much have you given away lol

    • @turkizno
      @turkizno Před měsícem +14

      Bro that's like 0.0000000001% of his wealth.. it's like me giving away a cent and then getting praised for it by millions of people. Y'all need a reality check on how much he actually STOLE from you to do this, it's YOUR donation.

    • @havenotchosenyet
      @havenotchosenyet Před měsícem

      @@turkizno are you talking about the tax breaks? are you talking about the loans? I don't understand this framing.

    • @gabrielsatter
      @gabrielsatter Před měsícem

      ​@@havenotchosenyet
      You answered your own question there.

    • @havenotchosenyet
      @havenotchosenyet Před měsícem +1

      @@gabrielsatter but that's strange framing then, the loans were one of the most successful of government during 2008, payed with interest. And the tax breaks are strategically given for industries that the government wants to encourage and for economic changes that would've been _more_ expensive for the government to have done it by itself. Tax breaks for particular supply chain decisions etc? Sources battery metals from within the US rather than outside?
      But wouldn't that fall on the government? Should such instruments be abandoned as a means to accomplish the government's performance goals?

    • @gabrielsatter
      @gabrielsatter Před měsícem +1

      @@havenotchosenyet
      You're right, I'm so glad the feds are looking out for our interests and not completely lining their own pockets in these fantastic and totally upstanding deals they make with trillion dollar companies.

  • @MNM6818
    @MNM6818 Před 16 dny

    Donate for what start own charity so you can see where the money goes

  • @09NXN06
    @09NXN06 Před měsícem

    Thin air!!

  • @bilalshamim7275
    @bilalshamim7275 Před měsícem +44

    Emerald mines in South Africa

    • @uberhaxonova
      @uberhaxonova Před měsícem

      That was his father’s business. Elon is a genius but also lucky

    • @africaninvestor7032
      @africaninvestor7032 Před měsícem +1

      In Zambia u mean

    • @mitchellwilliams4998
      @mitchellwilliams4998 Před měsícem +1

      @@uberhaxonova Elon simps out hear fighting for their lives LMAO\

    • @monkii5258
      @monkii5258 Před měsícem +2

      That is a common misconception, his father had his ups and downs in terms of wealth but Elon didn't grow up with a complete silver spoon & had to risk traveling to Canada at a young age in the hopes of a better life with little to no money in his bank account.
      It was there where he found his footing and started to partner with others during the internet boom to start Zip2, and the rest is history.

  • @10sqrftthisthat
    @10sqrftthisthat Před měsícem +8

    Tesla’s mission is NOT ”making electric cars a new way of life”. Instead, it’s “to accelerate the transition of the world to sustainable energy”

  • @Itsmarkyoung
    @Itsmarkyoung Před měsícem +12

    We aren’t asking for these people to starve, we are just asking the government to tax them more when they are making most people’s monthly rent every 3 SECONDS

    • @DonCorleone77777
      @DonCorleone77777 Před měsícem

      Do you really think he get this amount credit to his account every second?

    • @Itsmarkyoung
      @Itsmarkyoung Před měsícem +1

      @@DonCorleone77777 no, this is why taxes are paid at the end of the year and not every 3 seconds, hope this helps!✨

    • @billjohnson9221
      @billjohnson9221 Před měsícem +3

      You are confusing wealth with money. His wealth can go up and down by the billions with whatever mood the stock exchange is in. He made exactly zero dollars at Tesla for the last 5-6 years because a Delaware judge has a limited understanding of this too.We don't actually make money we invest until we sell off those investments and even then the market has to be cooperating. As for rent.....his 500 sq.ft. casita in Texas probably ranks in the far low end scale of rentals nationwide. A lot of people make assumptions based on previous biases and the FUD that legacy media churns out every day. Any headline with Musk in it gets more clicks than without it. Skew it so it sounds negative and the clicks go up even more. Musk is a true humanitarian just by making space travel and global internet possible, EVs possible and affordable, and a myriad of other good things that the media doesn't like to focus on because "Elon Bad" sells and "Elon Good" doesn't.

    • @Itsmarkyoung
      @Itsmarkyoung Před měsícem +1

      @@billjohnson9221 It’s always interesting when normal people defend billionaires, you have no idea what a wealth tax is do you? The proposed wealth tax in the US would place a levy on assets, it would not be an income tax. So no, I’m not confusing wealth with money

    • @testing6753
      @testing6753 Před měsícem +1

      the Government would never spend the tax money efficiently, no matter how much extra it gets. It's best wise to stop looking for any assistance from others (the world is a cruel, heartless place), and fend for yourself. Once you've obtained enough power and still have "heart" for the people, maybe then you can help the world.

  • @vickomen3697
    @vickomen3697 Před měsícem

    People feel entitled to receiving grants and donations from rich people lol.

  • @derikobrain5082
    @derikobrain5082 Před měsícem +12

    Nice hit job on "right-wing darling"😅😅 Do one on Bill & hillary Clinton 😂😂

  • @jeremybray
    @jeremybray Před měsícem +53

    Didn’t mention his family and ties.

    • @nimeshjeyarajasingam7791
      @nimeshjeyarajasingam7791 Před měsícem +2

      Still there are plenty of rich kids who didn't turn out to be musks

    • @joebloe1401
      @joebloe1401 Před měsícem +1

      Crappiest video in the history of the universe!!!!

    • @truehappiness4U
      @truehappiness4U Před měsícem

      @@nimeshjeyarajasingam7791oh they better not turn into musks. We need rich people who invest their money wisely into this world so there would be less poverty and less corruption

    • @lawrencefrost9063
      @lawrencefrost9063 Před měsícem +3

      Oh yeah? The lie about an emerald mine? Or the part where he has to finance his father whom he hates? The part where he had a student debt when he started Zip2 because he DIDN'T get help from his family?

    • @j.metzger1730
      @j.metzger1730 Před měsícem +4

      Just read the biography by Walter Isaacson. Within the first 50 Pages you will learn that learn that Elon Musk didn't get financed by his dad. And Walter took his time for research and interviewing the father himself.

  • @jim8574
    @jim8574 Před měsícem +1

    Its his money .

  • @tobybrown1179
    @tobybrown1179 Před měsícem +8

    Can you do one on the people who are major shareholders of the privately owned Federal Reserve Bank and the Bank of International Settlements?

  • @DoShiAcademy
    @DoShiAcademy Před 15 dny

    *this is my IDOL*

  • @Mii.2.0
    @Mii.2.0 Před měsícem +2

    The comments are more polarizing than the Earth's poles lol.

  • @Assassinscreedismylove69
    @Assassinscreedismylove69 Před měsícem

    there is hate in this video, and its harmful. those budding entrepreneurs who follows law of attraction and hates hate - report this video asap

  • @axioms22
    @axioms22 Před měsícem +5

    one day we'll figure out how to tax these obscene billionaires, hopefully soon before they destroy society

    • @DonCorleone77777
      @DonCorleone77777 Před měsícem +3

      Why do you think you need to tax hardworking people ?

    • @KingOfKings__
      @KingOfKings__ Před měsícem +4

      @@DonCorleone77777Billionaire doesn’t equal hard worker sheep

    • @WarwickAvgur
      @WarwickAvgur Před měsícem

      @@KingOfKings__ govt spent 1.7 TRILLION in 2023, you think taking 20bil from Musk will help in any way? So tell me again who is sheep?

    • @ElectrostatiCrow
      @ElectrostatiCrow Před měsícem

      Tax stock or assets such as real estate.

    • @singh5004
      @singh5004 Před měsícem

      and stop the corruption from Biden and his crew !

  • @PBMainiac
    @PBMainiac Před 28 dny

    NASA saved the day eh? Lol

  • @blueGate3
    @blueGate3 Před 9 dny

    I'm incredibly disappointed in this video. Business Insider used to be interesting topics and facts. This video is misleading, snarky and incorrect when it came to several topics, and full of unnecessary bias/personal comments. It used to be more than this.

  • @muskreality
    @muskreality Před měsícem +1

    The secret is to never stop being visionary

  • @sevenproxies
    @sevenproxies Před měsícem +1

    If you think Mr. Musk have given little despite his wealth then you have not been paying attention to his goals and what his companies are doing for mankind long term. People are remembered for what they built, discovered, invented or said. They're seldom remembered for their wealth.
    Some people understand this, some don't.

    • @gabrielsatter
      @gabrielsatter Před měsícem

      😂😂😂
      So you're saying nobody will remember Musk then?

  • @ishaandhillon9396
    @ishaandhillon9396 Před měsícem +23

    I wish interviewers would stop asking him about his political views and instead about how he built an advanced manufacturing company domestically in an era of offshore manufacturing

  • @CraigMcDonald1234
    @CraigMcDonald1234 Před měsícem +6

    You call him right-wing. You are ignorant.

  • @borinvlogs
    @borinvlogs Před měsícem +11

    Motivational speaker: I started a restaurant with one rice. 🤔🤔

  • @wvp7498
    @wvp7498 Před 15 dny +1

    Right after the first underhanded stupid comment i switched this off.

  • @JapalenoJames
    @JapalenoJames Před měsícem +31

    ”Turned right-wing darling” 😂 yall are on some shit

    • @slaine7874
      @slaine7874 Před měsícem +2

      Fr they couldn’t help themselves 🤣 rent fREEE!

    • @DangThiPhuong.
      @DangThiPhuong. Před měsícem

      Hello how are you ❤❤❤

  • @georgemathieson6097
    @georgemathieson6097 Před měsícem +1

    The political spectrum is exactly that, a unidimensional graph, I can't quite believe how many people out there believe that establishing oneself with a bias to either end of that would be okay.
    This spectrum has the intrinsic property that any bias is a 1:1 relational tradeoff; surely, from the perspective of anyone with a political bias, someone with many unrelated ideas from both sides is more likely to be central than identifiably on the far-side?
    This is an understandable mischaracterisation, but it's important to admit to oneself in that situation that the perspective would be inherently limited and, obviously, not broadcast such claims on this basis - especially when that someone exclaims time and time again that they do everything to remain as central/balanced as they can (unlike most).

  • @motivationandtravelchannel4575

    Sounds like a hit piece! Why should he give away his money??? He pays enough in taxes and all the jobs he’s created!!!

  • @___David___Savian
    @___David___Savian Před měsícem +3

    His money won't help him in the afterlife. And the afterlife is a lot longer than the years he will spend on Earth. He doesn't realize that his life is only a test. If he fails the test, he returns to take it again ...... as a very poor person.

  • @svjeller1
    @svjeller1 Před 21 dnem

    This is why THE people are tired of journalist, half baked truths, thinking we are stupid. Fire this editor, cause obviously she never took a business class. WE the people want journalist integrity policy.

  • @zeljkoradocaj2183
    @zeljkoradocaj2183 Před měsícem

    How can anyone drink diet coke just do exercise

  • @penda.n
    @penda.n Před měsícem

    WHY IS SHE HATING ?

  • @KodyWulf
    @KodyWulf Před měsícem +5

    holy projection in the intro tho

  • @theoldknowledge6778
    @theoldknowledge6778 Před měsícem +3

    He has no obligation to donate his money. And even so, ~1% of 200B is a LOT 💸

  • @TricaGamer
    @TricaGamer Před měsícem +28

    Emeral mine in Zambia with slave labour

  • @aayushnarayanofficial
    @aayushnarayanofficial Před 27 dny

    So Musk is the new Target for MSM bullies 😂😂😂

  • @AlanSmith88888
    @AlanSmith88888 Před měsícem +2

    This guy is actually in major debt after purchasing twitter.

  • @kevinp4640
    @kevinp4640 Před měsícem +2

    right wing darling?
    bro builds electric cars against climate change

  • @Shakazuloeman
    @Shakazuloeman Před 20 dny

    Why should we take anything business CLICKBAIT insider says serious?
    Everything is a lie and everything is done to make sensationalist articles 🤦🏻‍♂️

  • @10sqrftthisthat
    @10sqrftthisthat Před měsícem +4

    Why no mention of him paying the largest tax bill ever recorded in history?

    • @gabrielsatter
      @gabrielsatter Před měsícem

      Don't be fooled. He spent 142 million to buy shares worth 24 billion because of his sweet stock options with his own company. I'd pay 40% tax to make money out of thin fuckin air, wouldn't you? Don't ever act like people who pay the most taxes aren't also the people who have the most wealth. The reason the to 10% pay the most taxes is because they have 90% of the stuff. 🤦

    • @10sqrftthisthat
      @10sqrftthisthat Před měsícem

      I don't understand your point. What are you trying to say here, lol? So what what if he is one of the wealthiest people alive? It doesn't make my statement any less true.

    • @gabrielsatter
      @gabrielsatter Před měsícem +1

      @@10sqrftthisthat
      You didn't actually make a statement.
      I'm mean, I'm assuming you're a fan, which is always weird to me to be a fan of any billionaire, but him paying taxes for his scams that have made him the richest dude ever doesn't count.

    • @10sqrftthisthat
      @10sqrftthisthat Před měsícem

      ​@@gabrielsatter what scams exactly made him the richest dude ever?

    • @gabrielsatter
      @gabrielsatter Před měsícem

      @@10sqrftthisthat
      The issue were run into us that you don't think Billionaires are scammers because they technically follow the rules. The problem is that those rules were set up by their scamming ancestors. We'll just get hung up on a bunch of definitions. They whole point of discussions like these are to define right from wrong and when progressive folks run into Libertarians, a lot of bad faith gets stirred up. I'm not going down that hole. I don't feel like sitting here insulting you after you refuse to set terms. So have a good day. Eat a kitten, or whatever it is you lizard people do.
      See... I can't help it. It's a disease.

  • @ecoop1234
    @ecoop1234 Před měsícem +9

    sour grapes

  • @francisfishing4913
    @francisfishing4913 Před měsícem

    the slave mine money...

  • @Makonnen248
    @Makonnen248 Před měsícem +8

    What was the point of this video?

  • @pedrofan34
    @pedrofan34 Před měsícem +43

    So biased 😂 the writer clearly doesn’t like Musk
    There’s a bunch of examples but one that stood out to me was Neuralink… like why say the guy said it’s not perfect? The context is so off from what the guy actually said and meant. The guy literally said “it makes being disabled not that bad” in the most positive heartfelt way. He can play video games, go on the computer and he said it’s amazing because it’s like his hand is actually moving the mouse

    • @rfbirdcontrol
      @rfbirdcontrol Před měsícem

      And the vision wasn’t to make a brain chip implant, (Utah array) it’s more like making that existing thing affordable and not suck.

    • @yoloswag1077
      @yoloswag1077 Před měsícem

      Literally paused the video to look at the comments when I heard that , so fkn disgustingly biased it's not even funny at this point , Musk is not perfect that's for sure but his contributions are not to be belittled because he doesn't follow your political agenda , anyone that has seen the video of the P1 of neuralink should understand that this technology will change the world especially for disabled people , idk you're allowed to dislike Musk but when you let that decide how you judge his achievements you're kind of being a complete moron

    • @DangThiPhuong.
      @DangThiPhuong. Před měsícem

      Hello ❤❤❤

  • @RegisBernard163
    @RegisBernard163 Před měsícem +28

    Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord.

    • @CleotildeSanchez-bf4qi
      @CleotildeSanchez-bf4qi Před měsícem

      Same here, with my current portfolio made from my investments with my personal financial advisor I totally agree with you

    • @EmilyRodriguez-kl5ob
      @EmilyRodriguez-kl5ob Před měsícem

      Wow! Kind of in shock you mentioned expert,elizabeth ann graney.What a coincidence!!!

    • @noahwilliam1288
      @noahwilliam1288 Před měsícem

      Life is easier when the cash keeps popping in,thanks to Elizabeth Ann graney services.Glad she's getting the recognition she deserves

    • @SuaraCheng-hp9vx
      @SuaraCheng-hp9vx Před měsícem +1

      Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's..

    • @ZakW30
      @ZakW30 Před měsícem

      I use to work 3 jobs,full time at Walmart,a server at night and Lyft on the weekend,until Elizabeth Ann graney change my story.

  • @Pigeon_Flipper
    @Pigeon_Flipper Před měsícem +7

    X did not become PayPal it already existed (PayPal launched in 1999, x merged with competition Confinity in 2000). Also lied to obtain subsdies for Tesla. Even sold carbon credits that shouldn't be sellable to other companies. And I know their is a lot more I can't remember off the top of my head. (Had to edit in reply since it keeps disappearing)

    • @DavidKen878
      @DavidKen878 Před měsícem +2

      No, X and Confinity merged to create Paypal. It didn't already exist.

    • @sa34w
      @sa34w Před měsícem

      X and confinity merged to create pay pal, credits are sellable because it’s easier to buy them than create EVs because they are far too complicated to build them with a profit. Same old liberal parrot with nothing constructive but a bunch of nonsense in his head and a cult following on all things woke.

    • @Pigeon_Flipper
      @Pigeon_Flipper Před měsícem

      ​​@@DavidKen878PayPal launched in 1999 Confinity company merged with X in 2000.

    • @Pigeon_Flipper
      @Pigeon_Flipper Před měsícem

      ​@@DavidKen878PayPal launched in 1999, Confinity company merged in 2000. The merge was to absorb competition.

    • @rfbirdcontrol
      @rfbirdcontrol Před měsícem

      Carbon credits. 😂 what do you think they are for?

  • @adeptusagronomist9650
    @adeptusagronomist9650 Před měsícem +9

    Well that wasn't bias as all...

  • @milkcurdle1629
    @milkcurdle1629 Před 24 dny

    This video has no meaning when it comes to how his money comes in circulation with his net worth, spendings, and his business ventures like, “Oh his neural link patient said it wasn’t perfect, but… it did change his life” like the enthusiasm in the way that was said, could of been better, I don’t blame her, the narrator, but damn the script she is reading is totally scrutinising Musk. Shame on you business insider, highlight more of his good will to people and his philanthropic work.

  • @TheBmco99
    @TheBmco99 Před měsícem

    Trump Vivek and Elon baby 2024

  • @zeddmapiye
    @zeddmapiye Před měsícem +9

    She went after a fellow African how could she

  • @martingo2680
    @martingo2680 Před měsícem +2

    Yeah, he had no plans on colonizing Mars. He's a businessman, 🤣 plan always and will be starling. Mars was just to make him look nice.

  • @rockiesart
    @rockiesart Před měsícem +12

    So what is the purpose of this video?????

    • @hellodavey1902
      @hellodavey1902 Před měsícem +1

      I’m surprised I’m subscribed to a channel that made this vid. I thought Business Insider was a serious channel. I have to review my subscription.

    • @YO-zi5hr
      @YO-zi5hr Před měsícem

      Spaceman = bad

    • @kezia8027
      @kezia8027 Před měsícem +1

      @@hellodavey1902 wouldn't want to be exposed to too many opinions! You might have to think for yourself then! 🤣

    • @hellodavey1902
      @hellodavey1902 Před měsícem

      @@kezia8027 Snarkiness isn’t an opinion

  • @Marco_My_Words
    @Marco_My_Words Před měsícem +6

    Didn't know this channel was such a far-left channel; I'm unsubscribing.

  • @KingDavid352
    @KingDavid352 Před měsícem +3

    Interesting choice having a lady who hates Elon review his financials. LOL

  • @480brad
    @480brad Před měsícem +11

    He is not a right wing darling. He thinks independently of everyone.

    • @Nebulaofthenorth
      @Nebulaofthenorth Před měsícem +2

      thinks independently, you means censors speech and says some very out and about right wing takes on twitter all the time