The first guy to ever have a trillion dollars makes his second trillion on his 4th day as a trillionaire
cross-posted from: https://piefed.world/c/shit/p/1201096/the-first-guy-to-ever-have-a-trillion-dollars-makes-his-second-trillion-on-his-4th-day-a
krisevol@lemmus.org 3 weeks ago
Is because he didn’t make a trillion dollars. And it didn’t make the 2nd trillion dollars. That money doesn’t exist in his account.
Now if he sold assets and tried to liquidate them he would have the money. But on the last 4 days his assets and income has not changed in quantity.
Madison420@lemmy.world 3 weeks ago
He wouldn’t have the money even if he tried to liquidate. Appraisal and valuation ≠ actual value or actual total funds. Hence Elon hanging a hard time gathering 1bil let alone a trillion.
krisevol@lemmus.org 3 weeks ago
I agree. He owes 40 billion still on Twitter alone. If he liquidated he would be bankrupt.