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You do realize that a large part of his wealth is tied to the valuation of Tesla (and SpaceX and many other investments). Selling 100B worth of stocks for anyt

You do realize that a large part of his wealth is tied to the valuation of Tesla (and SpaceX and many other investments). Selling 100B worth of stocks for anything close to 100B is not possible. That volume would mini-crash the entire exchange.

JumpCrisscross 1y ago
> Selling 100B worth of stocks for anything close to 100B is not possible. That volume would mini-crash the entire exchange Nasdaq trades about half a trillion dollars a day [1]. Even if Musk were an idiot and dumped $100bn in one day, it would crash Tesla's stock price, not the Nasdaq. If Musk wanted to give OpenAI $100bn, the best way to do it would be to (a) borrow against his shares or (b) given OpenAI his (non-voting) shares. [1] https://www.nasdaqtrader.com/Trader.aspx?id=DailyMarketSummary https://www.nasdaqtrader.com/Trader.aspx?id=DailyMarketSumma...