Elon Musk Humiliates Jeff Bezos

 recently elon musk made very interesting    statements he publicly critiqued apple    and talked about problems that the    biggest company in the world currently    has then he went on twitter and made a    bold prediction saying that tesla may    become bigger than apple in just a    matter of months there is no doubt that    his confidence in the future of tesla    and spacex is sky high and because his    companies are doing so well as of the    end of october 2021 elon musk's net    worth has reached 300 billion dollars it    is very likely that he will soon amass    even more how does one get so wealthy    well nearly two years ago musk's net    worth was not yet in the hundreds of    billions 2020 started with him in the 30    billion dollar range and when in 2020    the world experienced a global financial    crisis it would have been easy to assume    that he would experience financial    backsliding except he didn't not by any    stretch of the imagination musk added    140 billion dollars to his net worth in    just one year alone owing to the growing    success of tesla and their impressive    sales records musk was one of a handful    of billionaires who profited greatly    during the pandemic including amazon    founder jeff bezos    since musk owns around a 23 stake in    tesla is no wonder that he saw    tremendous feedback from the explosion    of growth    2021 was another big year for musk    financially back in january he was able    to eclipse jeff bezos who had previously    held the title of richest person since    2017.    when musk's now worth topped 185 billion    dollars he bumped bezos right out of    that spot    musk was good-natured about the news he    even cracked a few jokes on twitter in    response to the headlines when the    account titled tesla owners of silicon    valley tweeted at elon musk is now the    richest person in the world at 190    billion dollars    musk replied how strange followed by    well back to work    despite his tongue-in-cheek remark musk    has always been forthcoming about how he    intends to spend the bulk of his well in    a series of tweets from october 12 2018    musk discussed his money beginning with    a message in which he admitted that he    has very little time for recreation and    that he doesn't have vacation homes or    yachts or anything like that he went on    to say that the way in which he chooses    to spend his money might not be what    people originally would assume about    half my money is intended to help    problems on earth he wrote and have to    help establish a self-sustaining city on    mars to ensure continuation of life    much of the spikes in his wealth can be    attributed to the sharp increases in the    prices of his shares    specifically the market value of tesla    since he doesn't take much of a salary    from his companies he depends on the    market success of his company shares for    his wealth those first few days of 2021    for example tesla share prices hovered    between seven hundred and twenty dollars    and seven hundred and fifty dollars each    but by the end of that week the share    prices topped eight hundred dollars    which is where they pretty much stayed    for the month although the share price    experienced up and downs with a low    period in the 500 range october 2021 saw    another impressive spike    on october 25th 2021 the car rental    company hertz announced its intention to    purchase a hundred thousand electric    vehicles from tesla to add to its fleet    they intend to have their order    fulfilled by the end of 2022    according to their website hertz is also    interested in exploring a new eb    charging infrastructure across the    company's global operations once this    announcement was made musk saw his share    prices of tesla inch up to over a    thousand dollars each and he thus went    to sleep 36 billion dollars richer than    before the announcement for years musk    and bezos have been neck and neck in a    few races    one being the modern space race and the    other for the title of richest person in    2015 bezos held a relatively large    advantage over musk as his net worth    came in at around 34.8 billion dollars    compared to musk's 12 billion dollars a    few major events happen on both sides to    add to their wealth amazon announced    their very first prime day as a    celebration of the 20th anniversary of    their website    amazon.com    blue origin bezos's private space flight    company also tested their launch vehicle    named new shepard for the first time    bezos seemed quite literally on top of    the world that year to his credit musk    had a couple headlines himself    spacex boasted a successful landing of    their falcon 9 rocket and on the tesla    side the car company announced the    launch of its model x which is a    crossover suv the gap between them would    take a surprising turn however in 2016.    while bezos lined his pockets even more    following the success of amazon's    acquisition of the washington post    musk took a 2.6 billion hit when tesla    purchased the struggling company    solarcity allegedly to help out his    cousins after acquiring whole foods    bezos wealth grew even more and he    managed to bypass bill gates in 2017 to    earn the title of world's richest person    musk by contrast was still looking at a    net worth of the 13 billion range and    although not a slight amount of money at    all it was still vastly lower than bezos    as bezos began 2018 and the hundreds of    billions musk focused his efforts on    spacex developments and the up and    coming model 3 of tesla the gap didn't    begin to close until 2020 when two key    events happened    tesla was named the most valuable car    company in the world and later on    december 21st it was added to the s p    500 index    shares of tesla skyrocketed and created    the bubble of wealth the musk is now    enjoying today    bezos on the other hand fell back a bit    due to the fact that he gave his ex-wife    mackenzie scott a sizable stake in the    business musk is now almost 100 billion    dollars richer than bezos 150 billion    dollars richer than bill gates and 184    billion richer than warren buffett    needless to say it's been a tremendous    few years for the tesla and spacex    founder it's interesting that this comes    at a time when jp morgan analysts    predict tesla will lose its dominance in    the car industry as more established    brands step in with their own efforts    and still some mark his share    only time will tell on this one mos    kazantal has been so playful on twitter    and took the news of surpassing bezos to    twitter his preferred social media    platform earlier in october of 2021    bezos had this to say about his own    company    listen and be open but don't let anybody    tell you who you are this was just one    of the many stories telling us all the    ways we were going to fail    today amazon is one of the world's most    successful companies and has    revolutionized two entirely different    industries he coupled his tweet with a    photo of a 1999 issue of barons magazine    published by dow jones and company    the cover of the issue featured bezos's    head inside of a bomb with a headline    that read amazon.bomb    the first words of the article stated    the idea that amazon's ceo jeff bezos    has pioneered a new business paradigm as    silly the articles also went on to call    him just another middleman    bezos had tweeted this as proof that he    was underestimated back in the 1990s and    as a stark reminder of how far he's come    musk responded to the tweet not with    congratulations and not even with words    but with an emoji of a second place    ribbon a clear and stark reminder to    bezos of where he stood on the wealth    totem pole this isn't the first time    elon musk and blue origin ceo have    clashed on twitter and of course it's    not the last one as well    later this year it was announced that    tesla had accelerated to a 1 trillion    dollar market cap musk again boasted    about the win with a tweet that read    wild money times 12 month projections of    the stock place the tesla share price    high at just over 1 500    which would clearly make musk a very    happy man if tesla continues to grow at    the rate that it has been since 2019    elon musk might find himself to be worth    half a trillion dollars only time will    tell on this one as well    and finally if you like this video    please subscribe to our channel it's    easy it's free and it will be a great    support for the channel