Summary

Elon Musk’s fortunes have plummeted by $148 billion amid Tesla stock plunging nearly 50%, government protests, and setbacks at SpaceX and Starlink.

A White House event with Trump, meant to boost Tesla, instead highlighted Musk’s growing desperation.

Musk’s other ventures are also struggling—SpaceX rockets have exploded during tests and Starlink lost a Canadian contract.

His role leading DOGE is generating backlash, with Musk appearing increasingly defeated in public appearances.

His reputation, which previously weathered controversies, now faces unprecedented challenges due to his political alliance with Trump.

Non-paywall link

  • Tony Bark@pawb.social
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    2 days ago

    First it was Twitter, and now this. Boy, Elon sure knows how to make himself look like a “genius.”

  • axh@lemmy.world
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    2 days ago

    How to lose $148 billion in less than two months

    Step 1. Have $148 billion or more

    …Shit, this guide is useless.

  • Zier@fedia.io
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    2 days ago

    It’s almost like the whole planet is bullying xelon. He seems so sad, he’s losing so much. So many negative memes & comments. Stories about how corrupt he is and how unsafe all his businesses are. I’ll bet he’s teetering on the edge of a MASSIVE mental meltdown. So, citizens of Earth, keep bullying elon!

      • Zier@fedia.io
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        2 days ago

        That’s the name of the documentary of xelons fall from riches.

      • Zier@fedia.io
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        1 day ago

        No.

        1. He has no idea how to use a gun.
        2. If you gave him a gun other things would just get broken. He’s an incompetent idiot.
      • nfh@lemmy.world
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        2 days ago

        two billionaires, unfathomably rich individuals, in the last ten years that having a good public image was overrated, but decided they’d rather use their platform to hurt people, and alienate anyone who liked them, but wasn’t a raging bigot. is the allure of being mean to people on twitter.com that great?

        if Musk had shut up just 5 years ago, he’d probably have more money, more respect, but somewhat less power. instead he’s become the guy a lot of people are excited to see have a total breakdown, and hopefully lose everything.

      • Zier@fedia.io
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        2 days ago

        That’s how I feel about trump. All he had to do was keep committing fraud and crimes quietly. Instead he decided to make us all aware of what a colossal fuck up he is. Xelon is like his twin. May they both hang as US traitors.

  • tiredofsametab@fedia.io
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    2 days ago

    Maybe he’ll wake up with a conscience one day and start an epic redemption arc and… Eh, who am I kidding

  • exixx@lemmy.world
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    2 days ago

    If he was bankrupt and on the street that still would not be enough for me at this point.

    • ieatpwns@lemmy.world
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      2 days ago

      If I saw him homeless on The street id buy him a cake then smash the cake in front of him

    • Sciaphobia@lemm.ee
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      2 days ago

      For someone as monstrous as him, what punishment could even be appropriate? What possible way could such aggressively destructive and anti social behavior be rehabilitated? I struggle to call anyone a lost cause, but if anyone ever was…

    • 5in1k@lemm.ee
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      2 days ago

      I would hand him a bottle of pee if I saw him homeless on the strret.

  • boonhet@lemm.ee
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    2 days ago

    You know, they say this Musk guy is such a smart businessman, but I personally have NEVER lost $148 billion, much less in the span of two months.

  • SabinStargem@lemmings.world
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    2 days ago

    Here’s hoping that Musk is someday forced to live on social security. Or dead. Either outcome would be fine by me.

  • Treczoks@lemmy.world
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    He has still not lost enough. I wonder how long this “take money as a loan from the company to avoid paying taxes” will work. Hopefully, they will stop this and thus make him pay taxes for years and billions.