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While true, his wealth is 99% speculative.

Elon has a closed box that he has successfully convinced a lot of people that there is a lot of money inside, and sold them small stakes in the contents, and promised year after year for 10+ years that this will be the year he opens it.

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So the people who lament that he is a trillionaire have nothing to worry about then. It is just paper "wealth" that the market will pull back down to earth

Even if his 1T is speculative and undeserved he still has extreme power from that wealth. And there’s no indication that the bottom will fall out any time soon, so I think the lamenting is justified.

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