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Aussie105

(8,282 posts)

13. When governments and individuals are valued in the mega dollars . . .

Fri Jun 12, 2026, 07:46 PM

10 hrs ago

I always have my doubts.

Too many variables, and cashing in the money is problematic.

Who would buy Tesla for instance, at the current valuation? Nobody!

The current AU $600 in my wallet though, that is real money.

The good thing though, is that when Trump or Musk shuffle off the planet, there will be a fire sale and the real value of their hoardings will quickly become apparent.

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love_katz

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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 11 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 12 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