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The condo you buy with 30% of your net is going to be worth 30% or more later. That's a good investment. Musk spent 30% of his net worth on it then immediatly
by nacs 4y ago
The condo you buy with 30% of your net is going to be worth 30% or more later. That's a good investment.
Musk spent 30% of his net worth on it then immediatly burned 90% of the already questionable value it had.
What Musk did was just bad business.
- wfme 4y ago> then immediatly burned 90% of the already questionable value it had citation needed
- dzhiurgis 4y agoBBC has some good sources
- wfme 4y agoHmmm seems that the most recent number is ~20bn [0][1], at least 5x the >90% number quoted by the parent. [0]: https://www.bbc.com/news/business-65084254 https://www.bbc.com/news/business-65084254 [1]: https://twitter.com/ZoeSchiffer/status/1639737042828673024 https://twitter.com/ZoeSchiffer/status/1639737042828673024