stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comexternal-linkmessage-square98linkfedilinkarrow-up1560arrow-down115
arrow-up1545arrow-down1external-linkSpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishestownflex.comstermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square98linkfedilink
minus-squareconquer4@lemmy.worldlinkfedilinkEnglisharrow-up10·1 day agoIf you can use it as collateral, then it exists just as much as a house or property does.
minus-squareNihilsineNefas@slrpnk.netlinkfedilinkEnglisharrow-up2·11 hours agoI dread to think what he managed to spend it on this past couple of months. Hopefully no more “judo lessons” on suspicious islands
minus-squarekrisevol@lemmus.orglinkfedilinkEnglisharrow-up1arrow-down2·1 day agoThe stock exists yes, but the money didn’t exist. It only exists one you loan out then money is “created” though fractional lending. No elon created trillions of cash, not hoarded.
If you can use it as collateral, then it exists just as much as a house or property does.
I dread to think what he managed to spend it on this past couple of months. Hopefully no more “judo lessons” on suspicious islands
The stock exists yes, but the money didn’t exist. It only exists one you loan out then money is “created” though fractional lending. No elon created trillions of cash, not hoarded.