Comment on SpaceX stock drops to a new low and loses $1 trillion in value in a month
FukOui@lemmy.zip 2 months ago
Correction: Lost a trillion in speculative value. There’s a difference
Comment on SpaceX stock drops to a new low and loses $1 trillion in value in a month
FukOui@lemmy.zip 2 months ago
Correction: Lost a trillion in speculative value. There’s a difference
krisevol@lemmus.org 2 months ago
And people want to tax this speculative value.
t3rmit3@beehaw.org 2 months ago
Any time you attempt to convert it into a usable asset, including using it as collateral or citing it as an asset for loans or investment capital solicitation, it should be taxed. Once someone accepts its value in exchange for something, it’s no longer speculative.
bless@lemmy.ml 2 months ago
If you say it’s worth a trillion, then you should put your money where your mouth is
krisevol@lemmus.org 2 months ago
But the investors are saying it’s a trillion.