Elon Musk warns America will ‘1,000%’ go bankrupt. Now he’s the world’s 1st trillionaire
View original at finance.yahoo.comElon Musk warns America will ‘1,000%’ go bankrupt. Now he’s the world’s 1st trillionaire Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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Elon Musk's net worth now stands at $1.2 trillion, driven largely by his 38% ownership in SpaceX (including options) and 10% stake in Tesla
60% confidenceThe United States is 'actually totally screwed' because the national debt is growing rapidly
60% confidenceAmerica will go bankrupt without AI and robots; nothing else will solve the national debt
60% confidenceU.S. national debt stands at $39.22 trillion and continues to grow as federal spending outpaces revenue
60% confidenceAt his peak, John D. Rockefeller's net worth was equal to approximately 1.5% of U.S. GDP; Musk's net worth is now equivalent to more than 3% of U.S. GDP
60% confidenceThe U.S. is heading toward a 'debt death spiral' where the government must borrow simply to pay interest on existing debt
60% confidence
