Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
atrielienz@lemmy.world 1 month agoYeah, but he didn’t pay $44Bn out of his own pocket.
Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
atrielienz@lemmy.world 1 month agoYeah, but he didn’t pay $44Bn out of his own pocket.
14th_cylon@lemm.ee 1 month ago
that’s irrelevant. he owes someone 44B.
atrielienz@lemmy.world 1 month ago
If I take out a loan to buy a home, I don’t own the home outright. The creditor owns the home until I pay off the debt. I’m likening the situations because I want to make it clear that he didn’t put in his own money to buy it.