So, were their Billionaire Tax enacted, would Elon get a refund this week?
/Elon Musk’s Net Worth Plunges by $650 Billion as Tesla and SpaceX Shares Decline Sharply
And after the DSA/Democrats’ “wealth tax” on assets of a $1 million is in force, will you get a refund when your own home’s value drops from, say, $3.5 million to $2 million, as it did in 2007-2015?
Elon, by the way, seems untroubled by the “loss”, and continues on his busy, productive way.
— Elon Musk (@elonmusk) July 26, 2026