meteoric Archives - Citizen Watch Report

Musk’s wealth hits $430 billion. Nearly double Zuckerberg’s $224 billion. Tesla, SpaceX, xAI fuel meteoric rise

June 12, 2025 6:02 amJune 11, 2025 11:31 am

Elon Musk’s fortune has soared to an estimated $430 billion, cementing his status as the world’s wealthiest individual by a staggering margin. His closest competitor, Mark Zuckerberg, holds $224 billion, making Musk’s wealth nearly double that of the Meta CEO. …

Nvidia’s meteoric rise to a $2.8T market cap stirs echoes of dot-com ’round-trip trading,’ raising questions on revenue inflation.

May 28, 2024 10:05 pm

Nvidia’s recent financial performance, exceeding expectations and raising guidance, has raised eyebrows due to its resemblance to revenue inflation tactics seen during the dot-com bubble. Company A buys GPUs from Nvidia. Nvidia buys cloud computing credits from Company A. Both …