General Discussion

WarGamer

(18,925 posts)

36. It's always funny when people say this...

Fri Jun 12, 2026, 10:42 PM

Friday

One... $3000 wouldn't change a thing for 98% of the public... they'd buy a big screen tv a weekend in Vegas or clothing.

SOME would pay bills or tuition... very few.

And the old "Elon can give away XXX"

Elon Musk doesn't have 100B in the bank.

He probably doesn't have ONE billion in the bank.

Musk is probably the least liquid of the top billionaires... no yachts, no mega mansions and no Bugatti.

So when you say... "Musk can give away $XXX you're saying sell stock and if the amount of stock sold is large enough the stock price dips which affects the retirement accounts for regular folks... Even the CLPRS retirement fund invests in Musk led businesses...

Literally, CLPRS... the California State Retirement fund holds 5,000,000 shares of TSLA.

So who gets hurt?

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

Trump's tariffs and gas and general price rizes have applegrove Friday #1

It's mostly our tax money anyway Blue Full Moon Friday #2

This is a system that just developed through the last 1200 years bucolic_frolic Friday #3

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

Slightly Different Spin Here ProfessorGAC Friday #6

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

Like 1998. Like 2007. Like..... paleotn Friday #32

But he can take out obscene and sweetheart deal loans Aviation Pro Friday #18

Torch all the cash. Everyone's. All of it. OC375 Friday #5

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

Umm, no thanks DFW Saturday #42

Cash was a poor word choice on my part. OC375 Saturday #52

I like this particular aspect of the Space X offering. Frasier Balzov Friday #7

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

Rolling tranches over six months can be resold. Frasier Balzov Friday #14

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

You can, but they are extremely cumbersome to bring to reality DFW Saturday #40

$100 billion??? PatSeg Friday #11

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

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

I know what you mean DFW Saturday #41

When governments and individuals are valued in the mega dollars . . . Aussie105 Friday #13

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

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

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

Death to trillionaires. N/T Coventina Friday #19

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

Sorry, been a really rough week MerryBlooms Friday #24

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

It's not liquid. QueerDuck Friday #23

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

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

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

45 to 60 million in relatively small blocks. That's not the same thing. paleotn Friday #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 Friday #37

Irrelevant. The increase in daily activity will raise questions. paleotn Saturday #39

Daily trade volumes range from 45 million to 60 million. Those are some swings indeed and nobody is OGBuzz Saturday #43

Straw man much? paleotn Saturday #44

As stated above, it's not real. paleotn Friday #26

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

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

Good ideas, LogDog75! calimary Saturday #53

I think we kind of saw this already JBTaurus83 Friday #30

Maybe then we could afford a Universal Healthcare program. Emile Friday #34

It's always funny when people say this... WarGamer Friday #36

Yep Manatee Saturday #45

That's insulting, to read you think 98% of Americans are idiots questionseverything Saturday #47

then you live around the smart 2%'ers WarGamer Saturday #48

Your 2% assertion is a lie, you are wrong and you obviously know nothing about poor and working class Americans questionseverything Saturday #49

lol... ok WarGamer Saturday #54

This is correct Easterncedar Saturday #57

On the contrary Easterncedar Saturday #51

This isn't guaranteed income, it's a single $3000 injection. WarGamer Saturday #55

All hypothetical here, right? Easterncedar Saturday #56

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

spellcheck does work dweller Saturday #46

The good side of it all is that he will die someday, and all the money in the world will not prevent it. NNadir Saturday #50