• 80
It's not all that often that a messy divorce pops up with a billionaire on one side and somebody who wants part of the money on the other, right? Actually, this occurs far too often and a divorce involving wealthy individuals can be downright messy and ultimately destructive to those involved. It appears as though the divorce between Tesla's chief executive officer Elon Musk and soon-to-be ex-wife Justine Musk is playing out as one of those mega-litigious affairs, and the impact may be extend well beyond just the two involved.

In case you haven't followed the Musk soap opera, here's what's going on. The divorce saga has been going on seemingly forever, as these things take lots of time. Justine Musk recently began blogging about the whole fiasco a couple of weeks ago on her Livejournal site. Justine is fighting the court battle to secure a few things that she feels entitled to. What does Justine want? Not much, just the house, alimony and child support, $6 million in cash, 10 percent of Elon's stock in Tesla, 5 percent of his stock in SpaceX, and throw in a Tesla Roadster as well.

Naturally, Elon is none too thrilled about the demands and has decided to fight this one in court. As the battle ensues, Elon stands a chance of losing much more than just the things listed above. If the divorce goes awry, Tesla could lose the $465 million in government funding that could delay its initial public offering. How does the divorce play into government funding? A stipulation in the paperwork states that government funds will be withdrawn if Musk doesn't hold enough stock in the company.

So is Justine being fair? Are her demands legit? As she said on her blog:
Is that what I deserve? I don't know. Who exactly deserves that kind of wealth? But based on our life and history together, is that reasonable? I think so.
One more thing to think about: by not agreeing to a settlement, Elon Musk risks losing even more as the post-marital agreement could be ruled illegal or fraudulent, and California law would then grant 50 percent of all communal property to Justine.

[Source: Livejournal, Reuters, Inside Line]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 80 Comments
      • 4 Years Ago
      In 21st century America, marriage is a raw deal for men.

      Buyer beware.

      There is an entire multibillion dollar industry built to extract money from divorced men. (Judges, lawyers, marriage counselors, etc. etc.)
        • 4 Years Ago
        I wonder if real world data would bare that out ... divorce being much harder on men than women financially and all.

        I just never see divorced guy struggling to get by living in a dump while ex-wife cruises around in a 911 Turbo; but I do see the opposite.
      yadisilva7
      • 4 Years Ago
      I hate when womans take advantages of mens in a divorce. And they don't even pay a single bill in their entire marriage.
      • 4 Years Ago
      i say this is bit demanding...
        • 4 Years Ago
        And what did she do? Did she design any of the car? Did she develop any of the operating procedures of SpaceX?
        • 4 Years Ago
        Wait. This guy is a billionaire and you think giving her less than 5% of his worth is demanding???
        • 4 Years Ago
        Very true, what's 6 million and some stock when you have 994 more? I guess asking for the stock is a bit much, but if this has been going on for 2 years I'd just give it to her just to get her off my ass.
      • 4 Years Ago
      Women are evil, and then some.
      • 4 Years Ago
      You're a moron. Five surviving kids in 8 years trumps everything. She should get 50% period...her request as noted by autoblog is more than reasonable.
      Musk is incredibly stupid not to settle for such an inexpensive price.
      • 4 Years Ago
      Yep, laying their back, that's all they do. After that, the work is done.

      I for one know how important and supportive a wife is and the sacrifices that they often make for thier husbands' careers (having a super and supportive wife myself). She has right to a big chunk and this sounds like a bargain. I'll bet Tiger Woods is screaming "take it! take it, you fool!"

      As to the kids, they will have rights to what their father and mother have when they pass on.

      If she has been stay at home mom, then the house and alimony sound fair. You can't buy a stay-at-home mom, they're invaluable and you'd have to get lucky enough to find a Mary Poppins to replace one.

      She can probably stick it to him for much more. I say that she is the class act here.
      • 4 Years Ago
      Wait... people still use LiveJournal?
        • 4 Years Ago
        Absolutely agreed! prenup PEOPLE...SERIOUSLY
        • 4 Years Ago
        Five kids.... Seems she should get a bit more than what she's asking for. I mean, let's be honest fellas. Having and taking care of that many kids is a big job that entitles a woman to a good chunk (if not half) of the fortune.

        I'm siding strongly with her!

        • 4 Years Ago
        Prenups are totally against what marriage is all about. Rich people fail.
        • 4 Years Ago
        Interesting how Autoblog is deleting all the harsh comments, and keeping all the ones that side with her.

        Apparently Autoblog is run by females.
        daytripper
        • 4 Years Ago
        @ Sea Urchin
        People who are in "love" think that they will never get divorced. Look what happened to Paul McCartney and Heather Mills. If you are worth any good amount of money, just get a prenup. There is a 50% chance a marriage won't last, and a 100% chance that she will leave with at least half your stuff.
        • 4 Years Ago
        That is what the child support/alimony is for. She doesn't need the fortune that she is asking for upfront.
        • 4 Years Ago
        Wait, people still get married?
        • 4 Years Ago
        Prenup people, PRENUP.

        I think if you are a successful person and you expect you will be very rich in a few years there's really no excuse for not getting a prenup.
      • 4 Years Ago
      Jeez, settle for some cash and allimony, why the hell take 10% of something that could be worth nothing if she jeopardises it...
      • 4 Years Ago
      Women these days.... I say give her a tesla that's fully charged.....with a hot wire lead in the middle of the seat!
      • 4 Years Ago
      How about she get the eff to stepping and leave the kids with me? I'd rather pay for a great baby sitter for when I'm not around than pay a gold-digging witch.

      Haven't these people heard of Pre-nups?
      • 4 Years Ago
      She had nothing to do with any of those companies. As with every money grubbing whore, I think she gets what he feels like giving her and not one cent more.
      • 4 Years Ago
      give her the $6 million but keep her hands out of the company stocks. She'll be broke in 3-4 years if shes lucky if she can't manage that money smart.

    • Load More Comments