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Do you really think Elon Musk cares about potentially making about 100 million on a pump and dump scheme? He’s worth 240 billion
by et2o 4y ago
Do you really think Elon Musk cares about potentially making about 100 million on a pump and dump scheme? He’s worth 240 billion
- dralley 4y agoHe's risked more for less in the past. Does Elon strike you as being acting purely from a place of logic and reason? If so you might be the only one to think so.
- jjoonathan 4y agoYes. Not only does he get $100M for a few tweets and talks with an accountant, he gets to hurt people he doesn't like, and he builds his reputation as one who plays hardball.
- partiallypro 4y agoIf the bid is rejected the price of the shares would probably go below his initial purchase price in the shares...so he'd likely lose money.
- Fomite 4y agoSee Musk's net worth. It's entirely possible that whatever the loss is, it's an entertainment expense in his mind for a vanity project, a bit of spite, and perpetuating his reputation.
- jjoonathan 4y agoHe can keep the circus going long enough to significantly sell into it, if he hasn't already started. He's really good at that.