Connect with us


How Can A Billionaire Like Elon Musk Be Low On Cash?

It is true that the vast majority of Musk’s wealth is tied up in his two major business ventures: Tesla and SpaceX. Although “a lot of cash” probably means a lot of different things depending on who you ask, it is true that Musk has a lot of money.



When some of us think about billionaires, the first thing that pops into our heads is an image of Scrooge McDuck swimming around in his enormous vault full of gold coins. This is the image that is immediately brought to the forefront of our minds. But in reality most billionaires don’t keep their wealth in billions of coins locked inside giant vaults – instead, their fortunes are tied up in stocks and other investments, which is how a billionaire like Elon Musk can be considered “cash poor,” at least compared to other billionaires.

Justin Sullivan/Getty Images

So, if you want to plan a trip into space, Musk is the person to talk to; however, if you need some cash, he might not be the best person to call first!