Elon Musk eyeing massive payday after $1,5T lithium deposit discovered in US

https://www.unilad.com/news/us-news/us-lithium-deposit-1-billion-elon-musk-payday-943803-20250522

Elon Musk's Tesla could be set to be benefit massively after a lithium deposit suspected of being the world's largest has been discovered in the US.

The Tesla founder stands as the current richest man in the world, as per Forbes, with a net worth of a staggering $416 billion so, if anyone needs even more money, it's certainly not him.

https://stacker.news/items/988500

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Discussion

Perhaps I am missing something. Does Elon own the deposit? Lithium mined in the US would be likely to be even more expensive than lithium from elsewhere and would take some time to develop the mine. Tesla has been hurt a great deal by his foray in politics and by the tariffs. So why would it be Elon's massive payday?