#elonmusk

Published: 18 November 2023
on channel: SccS
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In this video elon musk explains what is money and its roll and how it works in our world.

Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and investor. Musk is the founder, chairman, CEO and chief technology officer of SpaceX; angel investor, CEO, product architect and former chairman of Tesla, Inc.; owner, chairman and CTO of X Corp.; founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation. He is the wealthiest person in the world, with an estimated net worth of US$211 billion as of October 2023, according to the Bloomberg Billionaires Index, and $234 billion according to Forbes, primarily from his ownership stakes in Tesla and SpaceX…

Terms in the video:
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.[1][2][3] The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.


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