Stephen Colbert again ensnared himself a bit with embattled Twitter CEO Elon Musk on Wednesday, teasing the world’s richest man for losing a reported $170 billion in the 2022 calendar year.
Walking through the day’s headlines in his “Late Show” segment. Colbert also got to Musk while Colbert was saying “After a series of very public setbacks, Elon Musk’s 2022 wealth loss exceeds $100 billion.”
Colbert was given some advice and comfort by the live audience, which erupted in applause.
“Listen, Elon: I know belt tightening is no fun, but you’re not alone in these tough economic times! OK? All of us are having to cut back on how many we shoot into space.”
Musk, who has a net worth $169.8 million, is the world’s richest person.BloombergThe Billionaires Index. After taking an $8.6 billion Monday hit, the 51-year old CEO lost $169.8 million in the previous calendar year. For 2022, he’s down $100.5 billion after reaching a personal-best $340 billion a little more than a year ago, Bloomberg reported.
Twitter isn’t the only company of Musk’s giving him strife.
Shares of Musk’s Tesla, which make up most of his wealth, are trading at their lowest level since November 2020, thanks to a string of challenges for the electric-car maker. Those include supply-chain problems and high material costs, COVID-related issues in China, and a taillight recall that affected more than 300,000 cars. Tesla shares fell 57.52% over the last year. TSLA closed at 169.91 Tuesday, after dropping 6.8% in New York trade Monday.
Colbert also mocked Musk earlier this week for Twitter’s nosedive of advertisers, joking that Musk’s SpaceX, thankfully, is still sticking to their “big advertising campaign on Twitter.”
“Yes, Elon’s SpaceX is gonna save Elon’s Twitter. And Elon’s solar panel company is gonna save Elon’s Tesla,” Colbert stated this before bursting into anachronisms. “Lion King”A riff inspired by the song “Circle of Life,” This is a great quote: “It’s the circle of jerk!”
This article was written by Jeremy Bailey.
