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> Musk can effectively spend all of his wealth if he chooses to Ehhh kind of. Within certain limits he can liquidate all his stocks and other assets, sure, but
by Volundr 3y ago
> Musk can effectively spend all of his wealth if he chooses to
Ehhh kind of. Within certain limits he can liquidate all his stocks and other assets, sure, but unless done over a very long period of time what he winds up with at the end is far less than his theoretical wealth. And even done over a long period of time probably. There isn't actually the demand on the market to liquidate all his assets at the susposed market value, and Elon dumping assets would further reduce said demand.
- anonymouskimmer 3y agoI'm just saying that there aren't state powers that would literally stab him in the back to prevent him from doing so. Even Stalin would have had a quick death if he tried to spend the entire wealth of the USSR on himself.