Tesla Inc.
(NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) CEO Elon Musk's massive wealth increase sparked renewed criticism, with some arguing that soaring billionaire fortunes highlight deep economic inequality in the U.S.
Sanders Says Wealth Surge Shows An 'Insanely Rigged Economy' On Tuesday, Bernie Sanders (I-Vt.) blasted an "insanely rigged economy" after several of the world's richest technology executives added billions of dollars to their net worth in a single day.
In a post on X, Sanders contrasted the wealth gains of top billionaires with the financial struggles faced by many Americans dealing with rising costs for housing, food, healthcare and childcare.
The senator pointed to gains among tech leaders, including Musk, Alphabet Inc. co-founders Larry Page and Sergey Brin, Amazon.com, Inc. founder Jeff Bezos, Oracle Corp co-founder Larry Ellison, Dell Technologies founder Michael Dell and Meta Platforms, Inc.
