Matt Levine’s Money Stuff: Elon Musk Is Overpaid

Tornetta

I do see Elon Musk’s point. He runs, what, six companies? SpaceX, Neuralink, Twitter/X, the tunnel one, xAI, probably some I’m forgetting. And Tesla Inc., the only one of them that is public, though for a while he also had SolarCity Corp. before (controversially) merging it into Tesla. Each of these companies does something different— rocket science, brain surgery, posting on the internet, tunnels, artificial intelligence, cars — but there is overlap. They seem to share employees and a certain ambitious science fiction ethos, and you could imagine futuristic projects that could be done at any of them.

At all but ...