{"id":11430,"date":"2024-02-20T13:00:18","date_gmt":"2024-02-20T12:00:18","guid":{"rendered":"https:\/\/www.ceoinfluencers.com\/?p=11430"},"modified":"2024-02-20T13:00:18","modified_gmt":"2024-02-20T12:00:18","slug":"can-elon-musk-buy-google","status":"publish","type":"post","link":"https:\/\/www.ceoinfluencers.com\/can-elon-musk-buy-google\/","title":{"rendered":"Can Elon Musk Buy Google"},"content":{"rendered":"
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Can Elon Musk Buy Google?<\/div>\n

Elon Musk seems to have become a household name, a modern-day version of the American Dream. His innovative companies such as Tesla and SpaceX have revolutionized how people think about driving, space exploration and nearly every aspect of modern technology. With Musk also having significant investments in SolarCity, Neurolink, and The Boring Company, the question is raised could he actually buy Google?<\/p>\n

Google’s Huge Fortune<\/h2>\n

Google’s current worth is in the $800+ billion range, according to Statista.com. That’s especially difficult to finance solely with Elon Musk’s individual funds. In 2019, Elon Musk was worth approximately $23 billion, according to Forbes. It’s clear that Musk couldn’t even come close to buying out Google no matter how hard he tried. In order to purchase Google, Musk would have to assemble immense wealth from unknown sources, buying many other shares of the company and arguably being in serious debt. Elon Musk is a business strategist. Financial analysts agree that this kind of venture would clearly be well outside of his economic strategies and goals.<\/p>\n

The Logistics<\/h2>\n

Experts consider the possibility ludicrous and impractical. Some consider it impossible. In order for Elon Musk to even come close to purchasing Google, he would have to find some other incredibly wealthy investors. Finding and convincing them to purchase a company with a market capitalization of over $800 billion is a feat that’s close to impossible.<\/p>\n

It is also important to note, that it may very well be illegal for anyone to have a majority stake in Google. Business Insider interviewed Larry Page, who co-founded Google in 1998 and owned approximately 16 percent. He stated: “We knew we wanted to do something…but the most important thing was the structure and commitment to long term focus. Having multiple classes of shares made it clear there wouldn’t be distressed selling to try to maximize short-term gains. That’s good for all shareholders but gives the company more flexibility to make long-term decisions.” <\/p>\n