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Musk triggers wealth tax clash after net worth beats Bitcoin – TON BOT

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Musk triggers wealth tax clash after net worth beats Bitcoin

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Elon Musk’s net worth briefly surpassed Bitcoin’s market value, reaching nearly $1.4 trillion after SpaceX shares soared. A wealth tax debate erupted between Warren and Yakovenko over Musk’s fortune surge. A lawsuit against SpaceX and xAI was filed by a former engineer over AI safety concerns related to Grok. Musk’s wealth exceeded Bitcoin’s market cap temporarily after SpaceX’s post-IPO rally. Retail investors rushed to invest in SpaceX before shares began trading. Warren renewed support for a wealth tax, while Yakovenko warned of unintended consequences. Musk’s potential investment in Bitcoin sparked debate. The lawsuit against xAI and SpaceX raised concerns about AI safety.

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