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by overflyer 249 days ago
Elon can give them 400B and he would still have a net worth of 100B and from that he can again get back to his former net worth in a few years. The world is not fair.
3 comments

That's not how that works. Same reason we don't tax unrealized gains (unless you are Norway).
And The Netherlands
You do realize that a large part of his wealth is tied to the valuation of Tesla (and SpaceX and many other investments).

Selling 100B worth of stocks for anything close to 100B is not possible. That volume would mini-crash the entire exchange.

> Selling 100B worth of stocks for anything close to 100B is not possible. That volume would mini-crash the entire exchange

Nasdaq trades about half a trillion dollars a day [1]. Even if Musk were an idiot and dumped $100bn in one day, it would crash Tesla's stock price, not the Nasdaq.

If Musk wanted to give OpenAI $100bn, the best way to do it would be to (a) borrow against his shares or (b) given OpenAI his (non-voting) shares.

[1] https://www.nasdaqtrader.com/Trader.aspx?id=DailyMarketSumma...

what does this mean?