09/11 update below. This post was originally published on September 10
Elon Musk, the Tesla billionaire who tops Forbes’ rankings of the world’s richest people (at least for now), has flung himself back into his day job since leaving president Donald Trump’s White House.
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Musk, who now holds $1.3 billion worth of bitcoin on Tesla’s balance sheet, helped Trump get reelected with his campaign rally warnings of looming financial disaster before quitting the administration amid a row over government spending and promising to create his own bitcoin-backing political party.
Now, after quietly signaling support for his “only” cryptocurrency, Musk has issued yet another warning over the spiraling $37 trillion U.S. debt pile.
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