Elon Musk's ‘money doesn’t have power' video goes viral. Watch
Elon Musk said money is a database for the exchange of goods and services. As the video went viral again, many social media users commented that only the world's richest man can say that money has no power.
An old video of the world's richest man, Elon Musk, saying that money has no power in itself, has gone viral as Elon Musk on Sunday posted a 'yes' to the video implying that he stands by his comment in the viral video. The viral clip is from an interview in April this year after Elon Musk announced his intention to buy Twitter, which now got stalled.
In the viral video, Elon Musk said money is a database for exchange of goods and services. (REUTERS)
{{^htLoading}} {{/htLoading}}
"People get confused sometimes they think an economy is money. Money is a database for exchange of goods & services. Money doesn't have power in & of itself. The actual economy is goods & services," Elon Musk said in the video.
{{^htLoading}} {{/htLoading}}
{{^usCountry}}
As the video went viral again, many social media users commented that only the world's richest man can say that money has no power. In 2021, Elon Musk was the second richest person in the world, after Amazon founder Jeff Bezos. In 2022, Elon Musk became the richest man with a net worth of $219 billion.
{{/usCountry}}
{{#usCountry}}
As the video went viral again, many social media users commented that only the world's richest man can say that money has no power. In 2021, Elon Musk was the second richest person in the world, after Amazon founder Jeff Bezos. In 2022, Elon Musk became the richest man with a net worth of $219 billion.
{{/usCountry}}
Elon Musk's proposed Twitter deal went kaput after Musk terminated the deal over the issue of fake and spam accounts. Twitter took a legal move against Musk.
In the legal battle, Twitter scored an early win against Musk as the judge agreed to fast-track the case. An October trial date has been given.
Twitter has blamed Elon Musk for its recent loss of avenue as the social media platform missed expectations with revenue of $1.18 billion, due to 'advertising industry headwinds as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk'.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Home/World News/Elon Musk's ‘money doesn’t have power' video goes viral. Watch
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
