I keep saying that all the billionaires are imaginary. All their money is tied up in concepts. ;ie stocks, bonds etc. hell even land will be worthless in an apocalypse. At most their maybe worth a couple hundred in mill in cash liquidity. Which will also become worthless in an apocalypse…
Elon’s wealth comes from the value of Tesla stock - an overvalued PoS stock that has never paid a single dividend. His twitter loan was secured by Tesla stock, so the more the price tanks, at some point you’d think the loan would be called due.
But hey, Elon is now in charge of government contracts and spending, what luck.
All that money won’t mean shit if the economy collapses. Musk is such a goddamn clown.
What good is it to have a million dollars to buy an apple if there are no apples to be had?
I keep saying that all the billionaires are imaginary. All their money is tied up in concepts. ;ie stocks, bonds etc. hell even land will be worthless in an apocalypse. At most their maybe worth a couple hundred in mill in cash liquidity. Which will also become worthless in an apocalypse…
Elon’s wealth comes from the value of Tesla stock - an overvalued PoS stock that has never paid a single dividend. His twitter loan was secured by Tesla stock, so the more the price tanks, at some point you’d think the loan would be called due.
But hey, Elon is now in charge of government contracts and spending, what luck.
Money is temporary, daddy’s blood diamonds are forever. 💎