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by shardo 3266 days ago
For $5 million?

Doesn't seem to be too expensive for someone with $15 Bn net worth. Nice of Paypal to let go of it though, I guess.

3 comments

The writer is just hypothesizing.
Yea I noticed that when I read it. I hate it when they do that. It's sorta click-baity, but that's not the right word as you're already reading the article. I guess misleading for .. dramatic effect? Stupid effect?
Chump change for sure. But most of his net worth will prob be tied up in Tesla and SpaceX for a while. That $15B net worth number seems low actually. Forbes doesn't specify what they estimate his SpaceX stake at. Nor how much he has outside of those two stakes.

A little over 20% of Tesla is around $11B. A little over 50% of SpaceX is $7B to $8B (SpaceX hasn't been given a valuation for almost two years now). That's already close to $20B.

For comparison, Z.com sold for nearly $6.8 million in 2014.

http://www.prweb.com/releases/2014/11/prweb12345380.htm