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Elon Musk says invest in more startups. Here's why.
Elon Musk called for leaders at the G20 summit to invest in more in startups. Think of new companies like they're like small saplings in a forest ... What most countries tend to do is they tend to provide too much support to the large existing trees in the forest and not enough to the small saplings. But the large trees don't need the support ...
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Elon Musk's fortune has fallen below $700 billion for the first time since December after another sharp drop in SpaceX shares. The world's richest person has now lost around $750 billion in net worth since reaching a peak of $1.45 trillion in June, ending his brief stint as a trillionaire. Despite the massive decline, Musk remains comfortably the wealthiest person on the planet. 📸 Getty #elonmusk #trillionaire #spacex #news #money
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