Elon Musk lost R1.132 trillion

[TofuMofu]

My reply was to the question posted by @vigras rojara. I didn't say Neuralink was the first or only company doing it.

I just mean he isn't as special as the "meme" tries to suggest.

 

[wbot]

$68b is a good start, but we can do better.

You do know he has lost far more in the past right? Like a loss of $200billion. $68 billion is nothing and daily/weekly moves of tens of billions are totally normal for him. This is not cash in his bank account and he'll continue to lose and gain as the market fluctuates.

 

[gregmcc]

Peanuts. Wake me up when it's $1.132 trillion

 

[R13...]

View attachment 1950047

He's the messiah?

 

[mastercylinder]

You do know he has lost far more in the past right? Like a loss of $200billion. $68 billion is nothing and daily/weekly moves of tens of billions are totally normal for him. This is not cash in his bank account and he'll continue to lose and gain as the market fluctuates.

Yes, I know how stocks work. I am not from the 1600s.

 

[EmmanuelGoldstein]

Yes, I know how stocks work. I am not from the 1600s.

It's called Multi-Level Gambling. It's the gambling game you graduate to once you've found out the casino and Hollywood Bets are low-stakes games

 

[wbot]

Yes, I know how stocks work. I am not from the 1600s.

Great so you know this loss means nothing

 

[mastercylinder]

Great so you know this loss means nothing

Like I said, it is a start. We're aiming for a share price of $0.00.

 

[dualmeister]

And he has made it back again

 

[mastercylinder]

It's called Multi-Level Gambling. It's the gambling game you graduate to once you've found out the casino and Hollywood Bets are low-stakes games

Pretty much.

A lot of it is a pump and dump scheme, which leaves you with worse odds than the casino.

 

[Sup3rc]

 

[Justanotherguybythesea]

It's called Multi-Level Gambling. It's the gambling game you graduate to once you've found out the casino and Hollywood Bets are low-stakes games

Plus too big to fail, so any profits are his, and all losses come out of the pockets of the taxpayers. A win in either case for him, and the other too big to fail companies and banks.

 

[ShaunSA]

Elon doesn't care about that loss

You've just broken a dozen MyBB hearts

 

[ShaunSA]

And he has made it back again

Clearly clone @mastercylinder and his master aren't working hard enough

 

[JerryMungo]