3 ms·
Thank you! Why would it be an expensive troll if no money is changing hands?
by mym1990 5y ago
Thank you! Why would it be an expensive troll if no money is changing hands?
- friesfreeze 5y agoWell (1) you can be sure Musk is paying lawyers $$$ to make sure he doesn't deeply fuck up on any securities rules given his contentious relationship with the SEC [though fairly that might be de minimus to him] (2) there is an opportunity cost to putting money so much money in twitter just for laughs [he could be doing other things] and (3) there is risk that the twitter stock could fall out from under him. (3) is really only a cost relative to having the money in a diversified portfolio - but it is a real cost nonetheless.
- loeg 5y agoHe has put like $4 billion into Twitter stock, which is volatile.