Elon Musk Addresses Billionaire Status Reports

Elon Musk has responded to reports suggesting he is on the verge of becoming a trillionaire. According to Jin10, Musk stated that his net worth is primarily derived from his shares in Tesla and SpaceX, with cash holdings accounting for less than 0.1%. He emphasized that all employees at Tesla and SpaceX hold stocks or options, and over 80% of Tesla's shares are owned by retail investors and index/pension funds, ensuring that the company's value growth benefits these stakeholders.