Fred Lambert(@FredLambert):That's not accurate. Elon would probably be worth less than $100 billion under this wealth tax, because he would have been required to sell his shares of $TSLA and $SPCX, which would have crashed those meme stocks and further reduced his paper wealth.

Fred Lambert

@FredLambert

Editor-in-Chief at @ElectrekCo co-founder of @Combat_Edge_com, @Nesher_Canada, and @IxianEV

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Fred Lambert@FredLambert

2026.10.06 18:21

That's not accurate. Elon would probably be worth less than $100 billion under this wealth tax, because he would have been required to sell his shares of $TSLA and $SPCX, which would have crashed those meme stocks and further reduced his paper wealth.

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Warren Gunnels@GunnelsWarren

2026.10.05 19:45

If Bernie’s 5% a year billionaire wealth tax had been enacted in 2012, Elon Musk would be worth less than $365 billion instead of the $1 trillion he’s worth today. He’d still be the wealthiest man alive & every senior in America would have dental, vision & hearing under Medicare.

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