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That Elon Musk has leveraged 40% of his Tesla stock to fund his other businesses. SpaceX is private company so we don't know how much his SpaceX ownership is p
by Nokinside 8y ago
That Elon Musk has leveraged 40% of his Tesla stock to fund his other businesses.
SpaceX is private company so we don't know how much his SpaceX ownership is pledged as collateral.
- raleigh_user 8y agoIs that something I should care about? I don’t really care how much he leveraged stock. Maybe people in finance would care because maybe that might mean he’s stressed about the different ventures but that’s just par for the course in the tech world.
- Nokinside 8y agoIf Musk gets a margin call, forced liquidation will create downward price pressure. He has to do SEC filings and announce it to the world. It could create huge panic sell and open a door for a takeover.