4 ms·

Not very different? It’s completely different. Imagine if I printed 1,000,000 shares of a fictional company I owned. Then my parents bought 1 share each for $1

Not very different? It’s completely different. Imagine if I printed 1,000,000 shares of a fictional company I owned. Then my parents bought 1 share each for $1 each. I would have a market cap of one million dollars, even though the remaining 999,998 can’t be sold anywhere. Thus, Elon’s net worth only works if he could sell every share, for the share price it is right now. This is impossible - he would crash the stock and make a few billion dollars at most.

mwint 4y ago
Even if the stock crashed 50%, it’d still be way more than a “few” billion.
coldtea 4y ago
You are assuming he needs to cache everything and have 500 billion at hand at once. That's not how it works.