Well having to find that much liquidity that fast can be a problem even for someone as rich as Musk, no?
If I own musk stock I would consider selling before he dumps $1B worth of stock on the market, and try to pick it up again cheaply. I can see it wipe out massive market cap from his companies…
Fox News settled for $787 million.
I would love to see Musk go down like that.
He could, sadly, do that a few dozen times and still be ok.
We need to eat the rich.
Well having to find that much liquidity that fast can be a problem even for someone as rich as Musk, no?
If I own musk stock I would consider selling before he dumps $1B worth of stock on the market, and try to pick it up again cheaply. I can see it wipe out massive market cap from his companies…