Give Elon Musk his $1 trillion pay package, or lose him
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Elon Musk, Jeff Bezos, and Mark Zuckerberg led the wealth declines on Friday as fresh fears of a trade war hammered stocks.
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Elon Musk, Larry Ellison, and Michaell Dell's fortunes exceed $60 billion
Global markets rallied after softer trade rhetoric, lifting tech stocks and boosting investor sentiment across major indices.
According to Nvidia ( NVDA +2.25%) CEO Jensen Huang, Tesla ( TSLA 3.36%) CEO Elon Musk is a "superhuman." Huang's words speak for themselves. "Elon Musk is singular in his understanding of engineering," Huang commented, adding that Musk's recent accomplishment had "never been done before."
Arnault, who is worth $169 billion, said the tax would destroy the French economy and called the economist behind the tax a "far-left activist."
Despite relocating several of his companies' HQs to Texas, the billionaire is adding large Bay Area offices for xAI and Neuralink, and hiring there in droves for Tesla and SpaceX.