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by aleksandrm 48 days ago
Related, someone posted this on Reddit, so I'm quoting:

>If his companies were valued properly, Elon would be worth only $50 billion

>Currently:

>Tesla stake: he owns 20% of a company valued at 388x profit = $304B

>SpaceX stake: he owns 42% of a company valued at 112x revenue = $882B (had to switch to revenue because SpaceX has no profit)

>Twitter/Xai/cash (owns all of it): $33B

>304+882+33 = $1.2T

>Real valuations:

>Tesla: value it at 11x profit like Ford and his ownership stake is worth $8.6B

>SpaceX: value it at 1.7x revenue like Boeing and his stake is worth $13.3B

>Twitter/Xai/cash: $33B

>8.6+13.3+33 = $54.9B