FoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 11 days agoThe world’s first trillionaire is a killer / Elon Musk’s empire of wealth is built on suffering.www.theverge.comexternal-linkmessage-square11fedilinkarrow-up11arrow-down10file-textcross-posted to: [email protected]
arrow-up11arrow-down1external-linkThe world’s first trillionaire is a killer / Elon Musk’s empire of wealth is built on suffering.www.theverge.comFoxtrotDeltaTango@sh.itjust.works to politics @lemmy.world · 11 days agomessage-square11fedilinkfile-textcross-posted to: [email protected]
minus-squareredlemace@lemmy.worldlinkfedilinkarrow-up0·11 days ago He’s not a trillionare Because it’s all stock. It’s not real money. All the values are made up numbers by stock traders. And foremost : Most -if not all- of it is over-over-over valuated.
minus-squarequick_snail@feddit.nllinkfedilinkarrow-up0·11 days agoYeah, but that’s not my point. His value isn’t a trillionare, yet. They’re assuming he will be one after the IPO. But it could just tank. We don’t know the value yet.
minus-squarejustaman123@lemmy.worldlinkfedilinkarrow-up0·10 days agoNah it ipo’d on Friday and he’s technically a trillionaire, it started at 130 and now it’s like 170
Because it’s all stock. It’s not real money. All the values are made up numbers by stock traders. And foremost : Most -if not all- of it is over-over-over valuated.
Yeah, but that’s not my point.
His value isn’t a trillionare, yet. They’re assuming he will be one after the IPO. But it could just tank. We don’t know the value yet.
Nah it ipo’d on Friday and he’s technically a trillionaire, it started at 130 and now it’s like 170
Fuck