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Amazon wouldn't be worth less if someone else owned it and he only owns 10% of the company. So all of it.
by sethev 3y ago
Amazon wouldn't be worth less if someone else owned it and he only owns 10% of the company. So all of it.
- Mistletoe 3y agoI disagree with both points. I do not think Amazon stock liquidity could absorb 185 billion in stock sales. Elon sold about $23 billion in Tesla stock from April 2022 to December 2022 to buy Twitter and my memory was the stock going from about $400 to $100 that year. Of course there are other factors in the decline but it’s certainly a component of it. Bezos would need to sell almost 10x that much.