This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Now worth well over $395 billion, Elon Musk’s wealth soared by another $10 billion today.

According to a report in The Wall Street Journal, a consortium of investors led by Elon Musk is offering to buy the nonprofit that controls

That could be hugely bearish, since the bull market in recent years was largely built on expanding profit margins. Holding everything else constant, the S&P 500 would have to drop 38% if its operating profit margin were no higher than its trailing 30-year average (7.