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I 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 Ap
by Mistletoe 3y ago
I 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.