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Musk's new idea (slrpnk.net)
submitted 1 year ago* (last edited 1 year ago) by BlackRose@slrpnk.net to c/technology@lemmy.world
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Its networth, not cash. $240B in stonks can fluctuate very often

[-] zeppo@lemmy.world 2 points 1 year ago

Oh no, they might dip severely and he’ll only have $60B or as a little as $10 billion!

His problem seems to be more cash flow. As a prominent shareholder and executive, he can’t sell large amounts of his stocks without PR and legal risk. He could do what people like Bill Gates do and sell them slowly on a set schedule, though.

[-] sol@thelemmy.club 2 points 1 year ago

they may even fluctuate up, especially if you own a bunch of monopolies backed by the goverment

this post was submitted on 23 Jul 2023
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