Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
There is a lot of buzz about reports on Mr. Musk's total assets. According to Jin10's report, there are claims that Elon Musk is on the verge of becoming a trillionaire, but he has provided a detailed explanation regarding this.
The key point is that the majority of his total assets are composed of shares in Tesla and SpaceX. Cash holdings account for less than 0.1% of his total, so his actual cash is almost negligible. In other words, Elon Musk's net worth mainly depends on the growth of the company's value.
Interestingly, all Tesla and SpaceX employees hold stock and options. This structure aligns the interests of employees and management. Furthermore, over 80% of Tesla's shares are owned by retail investors and index/pension funds, meaning that the company's growth benefits many people.
Looking at it this way, when Elon Musk's total assets increase, it's not just his personal wealth that grows but also directly benefits investors as a whole. That’s why company growth is so important.