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Reminder. He's a billionaire.
$2760 a month is about $33,120 a year.
According to this calculation, he makes $46,303,000 A DAY.
For context:
At $33,120 a year, he could fund 1,398 child support babies with a single day of work.
And there are Elon-stans.
Small reminder that Elon Musk doesn't have that money in his bank account.
The only reason why his net worth is that high is because he has stock in the stupidly overinflated (and now quickly deflating) Tesla.
He had to pull loads of stock from tesla to buy twitter (after he was forced to do so by courts because he said he would) and still had to borrow money because he simply doesn't have 44 billion. Quick side note: payments with interest for those loans are due, good luck paying those billions from a company that lost.over half its value, asshole!
If he pulls all his tesla stock then telsa would completely crash, he'll never get access to anything near 166 billion.
I'm sure he has a few millions in liquid assets, but he is VERY far from making millions per day. The way he's going right now, his ex wife better hurry because he'll be bankrupt within a few years.
His Money in the Bank Account and his Net Worth are 2 different Pairs of Shoe but Elon takes a Credit for Multiple Millions (cheaper than having a Wage) and then giving them Stocks as Security.
He totally can afford to have his Child getting more than 33k in a Year.
After watching his management skills in business, I suspect his being a father isn't a great thing for his kids.
Completely shocking after the amazing role model his dad was.
Something something sins of the father...
An expensive coffee costs $5. For a person that makes $100,000 that's 0.005% of annual income.
Musk's annual cost would be $33,120 for all three kids. I don't know his annual income and because a lot of his worth is in stocks it's probably hard to figure out and highly variable. I'll do some pretty stupid math and say he's worth 185 billion and he's 52, so he's made 3.5 billion a year.
Musk is fighting to pay an annual cost for all three of his three kids of 0.0009% of his annual income, a amount proportionally less than what many spend one day on coffee.
Again, no. Musks networth was somewhere around 160 billion because of stocks in the stupidly overinflated tesla. The tesla bubble is already inflating like hell and with that I'm sure he's losing networth like hell. If he continues current course he'll be bankrupt withing a few years.
Either way, the money he has in his bank accounts is NOT the same and probably in the tens of millions tops.
Consider also that the median household income is $74,580 and is actually on the decline from a couple of years ago. The median household income.
This fucking guy....
I always wondered why Musk keeps taking X around to all the things and never any of his other kids.
I previously attributed it to getting good PR.
I now sees it's how he's going to "win" against Grimes.
Doucheladdle
I mean does anyone feel bad for Grimes?
It's not like it was some big secret he was an egomaniac years ago.
TIL that he called his child "X". What an idiot.
It turns into a mega X child to fight space invaders.