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If 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.
by partiallypro 5y ago
If 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 5y 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 5y 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.