Musk About Double Bezos Wealth

Amazon stock has fallen 24% today including afterhours trading and sent Jeff Bezos net worth to about $107 billion. Elon Musk is at about $211 Billion in net worth. Amazon has lowered guidance for the fourth quarter. Meta is down 25% today and Mark Zuckerberg with about 12.8% is down to about $40 billion in…
Musk About Double Bezos Wealth


Amazon stock has fallen 24% today including afterhours trading and sent Jeff Bezos net worth to about $107 billion. Elon Musk is at about $211 Billion in net worth. Amazon has lowered guidance for the fourth quarter.

Meta is down 25% today and Mark Zuckerberg with about 12.8% is down to about $40 billion in net worth. Zuckerburg is likely about the 26th richest person now.

Meta is imploding as they are spending over $9 billion on research to make about $250 million on the metaverse. Meta plans to spend $10 billion per year to make the metaverse. The metaverse is not proven and 30-40% of the revenues seems likely to be games. Tencent owns SuperCell which has Clash of Clans and other games. Meta is trailing badly in video games. Meta is not making almost no money on any of the existing domains where metaverse would be developing.

Elon is about five times richer than Zuckerburg.

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Apple New Macbooks Will Dominate With Better Performance
Read More

Apple New Macbooks Will Dominate With Better Performance

Apple announced its new Macbook Pro’s and they have increased the power and efficiency of the M1 chip and GPU. The M1 Max will have 70% more CPU performance and double the GPU performance over the already leading M1 chip. The performance per watt blows away the competing chips. If you are going to spend…
Mars Spacesuits 3D Printed from Digital Body Scans
Read More

Mars Spacesuits 3D Printed from Digital Body Scans

NASA Advanced Concepts has funded research for a high performance spacesuit for future Mars Astronauts. Dr. Bonnie Dunbar is a former NASA astronaut and is now a professor of Aerospace Engineering at Texas A&M. Some of her fellow astronauts couldn’t fit in an Extra Vehicular Activity suit – more commonly known as a spacesuit. Her…
NASA Orders Second SpaceX Crewed Lunar Landing
Read More

NASA Orders Second SpaceX Crewed Lunar Landing

NASA is awarding SpaceX $1.15 billion for SpaceX to provide a second crewed landing demonstration mission in 2027 as part of NASA’s Artemis IV mission. “Returning astronauts to the Moon to learn, live, and work is a bold endeavor. With multiple planned landers, from SpaceX and future partners, NASA will be better positioned to accomplish…
Will AI-Powered Software Help Landlords?
Read More

Will AI-Powered Software Help Landlords?

Can artificial intelligence (AI) help landlords? It’s possible. However, unlike other industries, landlords are unlikely to be replaced by robots. It seems like every industry is embracing AI to some degree. Although it’s not genuine AI, machine learning algorithms can make certain tasks safer and more efficient. For example, in an industrial setting, AI-powered robots…