General Discussion

ProfessorGAC

(77,514 posts)

6. Slightly Different Spin Here

Fri Jun 12, 2026, 06:28 PM

11 hrs ago

It's not just leverage.
His holdings and cult of "potential" that supports the gross overvaluation of his holdings create a situation where he can't liquidate.
For instance, he owns 20% of TSLA. Their valuation is a bit under $1.3 trillion. (Ignore, for now, that lack of justification for the market value.)
He can't sell any appreciable amount of it, because the markets would panic over him selling his own company's stock, and the price would plummet.
Same with SpaceX & his crypto holdings.
This negatively affects any liquidity because if one can't sell holdings for cash, it is, by definition, not liquid.

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If you gave the bottom 300 million people in this country $3,000 each...? [View all] kentuck 12 hrs ago OP

Trump's tariffs and gas and general price rizes have applegrove 12 hrs ago #1

It's mostly our tax money anyway Blue Full Moon 12 hrs ago #2

This is a system that just developed through the last 1200 years bucolic_frolic 12 hrs ago #3

If he had more than 2 billion in liquidity, I'd be surprised. haele 12 hrs ago #4

Slightly Different Spin Here ProfessorGAC 11 hrs ago #6

"..the markets would panic..." a very few people now having the financial gravitational pull of a black hole. harumph 10 hrs ago #10

Like 1998. Like 2007. Like..... paleotn 8 hrs ago #32

But he can take out obscene and sweetheart deal loans Aviation Pro 10 hrs ago #18

Torch all the cash. Everyone's. All of it. OC375 11 hrs ago #5

You're saying exactly what I was talking about when 911 hit. slightlv 10 hrs ago #20

I like this particular aspect of the Space X offering. Frasier Balzov 11 hrs ago #7

Are the employees allowed to cash in their windfall or is it just on paper??? nt in2herbs 11 hrs ago #9

Rolling tranches over six months can be resold. Frasier Balzov 10 hrs ago #14

Interesting proposition. Too bad we can't do national level grass roots ballot initiatives. dutch777 11 hrs ago #8

$100 billion??? PatSeg 10 hrs ago #11

To have all that money, and not distribute it to ease pain and suffering Grim Chieftain 10 hrs ago #12

One time in my life I worked for DoD as a contract worker slightlv 10 hrs ago #21

When governments and individuals are valued in the mega dollars . . . Aussie105 10 hrs ago #13

I still think a tactic of the poor (99%) vs the rich (1%) KS Toronado 10 hrs ago #15

Those that invested in this IPO are the ones who are likely to lose. Bev54 10 hrs ago #16

It would be a serious boost to the economy bc poor people would spend it on necessities ms liberty 10 hrs ago #17

Death to trillionaires. N/T Coventina 10 hrs ago #19

lol, I'm limping along on caretaker money for a clinic MerryBlooms 10 hrs ago #22

Sorry, been a really rough week MerryBlooms 10 hrs ago #24

Vent away! You deserve to. So do the rest of us. paleotn 9 hrs ago #29

It's not liquid. QueerDuck 10 hrs ago #23

I'm sure that Musk pays a high tax rate on that $54K annual salary that he collects at SpaceX. OGBuzz 9 hrs ago #25

Their GDP is real. His is paper. A figment of imaginations he can't tap without crashing it. Big difference. paleotn 9 hrs ago #28

Tesla trades 45-60 million shares daily. He can tap as much as he needs without crashing anything. There will be similar OGBuzz 9 hrs ago #31

45 to 60 million in relatively small blocks. That's not the same thing. paleotn 8 hrs ago #33

I'm pretty sure Elon has dozens, if not hundreds of brokers on the payroll. He doesn't have to go large on one trade. OGBuzz 7 hrs ago #37

As stated above, it's not real. paleotn 9 hrs ago #26

Giving the money to everyone won't solve many people's problems LogDog75 9 hrs ago #27

"Corporations are people, my friend" (M.Romney) Seinan Sensei 8 hrs ago #35

I think we kind of saw this already JBTaurus83 9 hrs ago #30

Maybe then we could afford a Universal Healthcare program. Emile 8 hrs ago #34

It's always funny when people say this... WarGamer 7 hrs ago #36

And not only is Elon a trillionaire, it seems like it isn't enough for him. Initech 6 hrs ago #38