Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
skyspydude1@lemmy.world 1 month agoJust because it’s not publicly traded, doesn’t mean that there isn’t stock nor that there’s no market. Usually, you can technically still buy/sell the stock, just not as a random member of the public on a public stock exchange like the NYSE or FTSE.
NotMyOldRedditName@lemmy.world 1 month ago
There’s usually defined periods for sales as well. Gives employees and other stock holders a way to cash out and get new investors in.