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You don’t seem to understand. If Elon buys 100% of shares, it will become a private company. It won’t be traded on a stock market any more, and won’t have a sha
by nicky0 5y ago
You don’t seem to understand. If Elon buys 100% of shares, it will become a private company. It won’t be traded on a stock market any more, and won’t have a share price.
- belter 5y agoIf he buys 100% of the shares the company can still be traded and shares will have a price. Shares can traded over the counter or via private deals. Just not through the Nasdaq. The point here is that he does not own the company yet, and directors are the managers of the company and free to run it as they see fit.