this post was submitted on 28 Feb 2026
350 points (98.9% liked)

Today I Learned

28453 readers
618 users here now

What did you learn today? Share it with us!

We learn something new every day. This is a community dedicated to informing each other and helping to spread knowledge.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must begin with TIL. Linking to a source of info is optional, but highly recommended as it helps to spark discussion.

** Posts must be about an actual fact that you have learned, but it doesn't matter if you learned it today. See Rule 6 for all exceptions.**



Rule 2- Your post subject cannot be illegal or NSFW material.

Your post subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding non-TIL posts.

Provided it is about the community itself, you may post non-TIL posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you vocally harass or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.

For further explanation, clarification and feedback about this rule, you may follow this link.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here.

Unless included in our Whitelist for Bots, your bot will not be allowed to participate in this community. To have your bot whitelisted, please contact the moderators for a short review.



Partnered Communities

You can view our partnered communities list by following this link. To partner with our community and be included, you are free to message the moderators or comment on a pinned post.

Community Moderation

For inquiry on becoming a moderator of this community, you may comment on the pinned post of the time, or simply shoot a message to the current moderators.

founded 2 years ago
MODERATORS
 

top 25 comments
sorted by: hot top controversial new old
[–] DarrinBrunner@lemmy.world 102 points 7 hours ago

Those are just the ones we know about. He almost certainly also has more registered through Nevis, which is an Island nation that does not reveal who owns which companies are registered there. This is common practice for all billionaires, to hide the money they stole from us from taxes and protect themselves from lawsuits, etc.

[–] acme401@lemmy.world 65 points 7 hours ago (2 children)

Elon Musk is a Nazi and should have his security clearance immediately revoked and he should be imprisoned.

[–] johsny@lemmy.world 45 points 7 hours ago (1 children)

I disagree. He should be kicked in the nuts really hard, and then they can do all those things you said.

[–] acme401@lemmy.world 14 points 6 hours ago (1 children)
[–] SmackemWittadic@lemmy.world 20 points 5 hours ago (1 children)

Oh this is gonna be a long line

[–] curbstickle@anarchist.nexus 10 points 3 hours ago (1 children)

... I'm willing to wait in that line.

[–] L3s@lemmy.world 4 points 57 minutes ago

Same, I'll bring some snacks

[–] msage@programming.dev 14 points 5 hours ago (1 children)

He should be fired.

Out of a cannon.

Into the sun.

[–] errer@lemmy.world 3 points 3 hours ago

I would pay good money to see his lifeless corpse on the surface of Mars

[–] FlashMobOfOne@lemmy.world 41 points 6 hours ago (2 children)

This is how all of your favorite rich people live.

[–] SolidShake@lemmy.world 10 points 5 hours ago (2 children)

Since when do I have a "favorite rich person"

[–] Viking_Hippie@lemmy.dbzer0.com 5 points 5 hours ago (2 children)

Since you became the biggest Swiftie in your hometown

[–] SolidShake@lemmy.world 1 points 15 minutes ago
[–] daychilde@lemmy.world 4 points 3 hours ago

Wow, weight shaming. Nice.^[I kid, I kid]

[–] FlashMobOfOne@lemmy.world 4 points 5 hours ago (1 children)

Most people do.

Usually it's Taylor Swift.

[–] HeyThisIsntTheYMCA@lemmy.world 2 points 2 hours ago* (last edited 2 hours ago)

excuse me mine is William Howard Taft. He is President, Chief Justice of the Supreme Court, and dead. not many people manage all 3.

[–] radix@lemmy.world 12 points 6 hours ago

Property records, in particular, are public. In any luxury area, there are probably homes owned by celebrities that are registered to some LLC.

[–] MagnificentSteiner@lemmy.zip 16 points 6 hours ago (1 children)

He also doesn't live off any income. His liquid cash comes from loans against assets which aren't taxed like income.

[–] Tempus_Fugit@lemmy.world 18 points 5 hours ago (1 children)

Also, this is how all rich people live.

[–] Viking_Hippie@lemmy.dbzer0.com 15 points 4 hours ago

this is how all absurdly rich people live.

The difference between a million and a billion dollars is roughly a billion dollars.

Likewise, Danny DeVito is rich enough to afford a good house and car, but not rich enough for the infinite tax free spending money hack.

[–] mrnobody@reddthat.com 27 points 7 hours ago* (last edited 7 hours ago) (1 children)

Elon Musk’s Secret Web of Companies in Texas

The megabillionaire was tied to about 90 companies in the state, which he uses for everything from paying nannies to buying land to supporting Donald Trump’s re-election, according to a Times examination.

Listen to this article · 15:00 min Learn more

AJG Growth Fund LLC

Real Estate

Red Planet Ventures I LLC

Unknown Purpose

Bastrop Alfalfa Land Trust LLC

Real Estate

The Foundation

Nonprofit Foundation

Red Planet Ventures III LLC

Unknown Purpose

2025 Tre Trust

Real estate

CapX 1 LLC

Unknown Purpose

Ad Astra School LLC

Musk School

Horse Ranch LLC

Real Estate

Bushwhacker LLC

Unknown Purpose

BSP 2023 LLC

Real Estate

Excession LLC

Family Office

SHL Property LLC

Real Estate

Gapped Bass LLC

Real Estate

Peninsula LLC

Unknown Purpose

Elon Musk’s Secret Web of Companies in Texas - The New York Times

Kirsten GrindSusanne CraigAlex KlavensLeo Dominguez

By Kirsten GrindSusanne Craig and Alex Klavens

Produced by Leo Dominguez

Kirsten Grind reported from Austin and Bastrop, Texas, as well as San Francisco. Susanne Craig and Alex Klavens reported from New York.

Feb. 27, 2026

In 2020, Elon Musk announced he was moving to Texas from California and embarking on a personal austerity campaign to strip his life of belongings.

“I am selling almost all physical possessions,” he posted on social media. “Will own no house.”

But in the years since, Mr. Musk, 54, has quietly built an empire of more than 90 companies and other legal entities in Texas, which have amassed a vast collection of assets, according to an examination by The New York Times.

The secretive network offers a glimpse into just how central one of the world’s richest men, who has a net worth of more than $650 billion, has made Texas to his operations and ambitions. More than 50 of his at least 90 companies there are subsidiaries or other entities affiliated with his business empire, such as the rocket company SpaceX and the electric vehicle maker Tesla, as well as his nonprofit Musk Foundation.

But The Times identified at least 37 companies that appeared to be largely for Mr. Musk’s personal use. Among them was one that owns two multimillion-dollar condominiums totaling more than 7,000 square feet in the Austin Proper Hotel, with sweeping views of downtown. Other companies managed planes that Mr. Musk uses for private travel and a portfolio of more than 1,000 acres of land, which when combined is bigger than Central Park in New York. The lines between Mr. Musk’s business and personal interests are often blurry, and some of the companies most likely served both purposes.

The Times’s examination also offers a window into how Mr. Musk used private companies to support Donald J. Trump during the 2024 election. Tapping these companies to cover the expenses of a super PAC is highly unusual, campaign finance experts said, and ended up obscuring how money was being spent because they are not subject to the disclosure requirements of super PACs.

The vehicle that Mr. Musk frequently turned to is one that many of the ultrarich use: limited liability companies, which are designed to shield owners from legal and financial risks, as well as public scrutiny. Whatever Mr. Musk’s intent, the effect of using these companies has been to disguise how he is spending his money.

Kirsten Grind is an investigative business reporter for The Times, writing stories about companies, chief executives and billionaires across Silicon Valley and the technology industry.

Susanne Craig is a Times investigative reporter and writes on a variety of topics.

[

[–] Viking_Hippie@lemmy.dbzer0.com 6 points 4 hours ago

Kirsten Craig has the BEST middle name! 👌😄

[–] piyuv@lemmy.world 13 points 6 hours ago* (last edited 6 hours ago)

Personal dinner: taxed

Business dinner: tax-deductible

[–] gens@programming.dev 10 points 6 hours ago (1 children)

"The Foundation"? How far up his ass is he?

Thinking about it it's probably from the show. I doubt he can read books.

[–] ReCursing@feddit.uk 5 points 6 hours ago

Musk can read, he just can't understand the finer points of what he reads. It's trump who has written more books than he has read!