Elon Musk says, Bill Gates, one of the world's richest people, could go bankrupt if this happens

Tesla CEO Elon Musk is currently one of the most talked about personalities on the planet, not only because of his immense wealth, but also for being active in the political landscape in the last few months, pertaining to the US Presidential elections 2024, where he has whole-heartedly supported Donald Trump in the US Presidential elections 2024. Meanwhile, he has dropped in a shocking statement where he has claimed that Microsoft Corporation's co-founder Bill Gates could go bankrupt if Tesla's stock hits the 200% growth mark, which in itself would be a record figure.

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Gates has been, for a long time, holding a short position in Tesla, and if the company touches huge growth margins in the near future, there is a possibility that Bill Gates may end up being 'bankrupt'. There is a long standing dispute between Elon Musk and Bill Gates because of these very reasons around investments in the respective companies.


Tesla’s market capitalization currently stands at $1.251 trillion but that is way behind Apple's market cap. However, if Tesla were to grow by a whopping 200% in a short period of time, then there are chances that Tesla's valuation could surpass Apple's. Therefore, the rivalry between Gates and Musk, as well as their respective companies, is expected to continue for much more time than has been imagined.

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FAQs:

Is Nvidia's market cap greater than Apple's?
According to recent reports, Nvidia's market cap has surpassed tech giant Apple, backed by the AI GPU venture, making the graphics unit-manufacturing company one of the highest valued companies in the world.

Is Bill Gates' company richer than Elon Musk's?
If Bill Gates' Microsoft Corp is considered, it is is giving tough contest to Elon Musk's Tesla at the moment.