Elon Musk's net worth just hit $800 billion. How?
One of his corporations acquired another one of his corporations.
Meanwhile, Elon's companies pay next to nothing in federal income taxes and get billions of dollars in government contracts.
This is what I mean when I say the system is rigged.
It's essentially pump and pump scheme
Imagine you have a baseball card. You sell the card to the company you own for an inflated price and then sell shares in the company that owns the baseball card
You can cycle selling the card to yourself for an ever increasing price and become 'richer'
Feb 4, 2026 20:21
