Again, none of that impacts him in any way apart from losing the ability to literally just do it again.
As obscenely wealthy as he is, that wealth comes from bis assets not cash in hand. $20B of the $44B paid was cash, some of which was from selling some of his Tesla shares. Further to that, Tesla stock dropped so significantly it caused his net worth to drop by a further $30B.
UnspecificGravity@discuss.tchncs.de 8 months ago
mriguy@lemmy.world 8 months ago
So as a result he’s no longer so rich he could do it all again and still have more money than he could possibly spend in hundreds of lifetimes? No? Still super rich? Then it’s not really a meaningful distinction.
stifle867@programming.dev 8 months ago
I disagree. It’s impossible to say for sure either way but it’s plausible his personal wealth could be wiped out, could be forced to divest his stakes in his own companies, etc.
UnspecificGravity@discuss.tchncs.de 8 months ago
Which would still leave him insanely rich, so the answer you are looking for is “no, elon musk is not taking any actual personal risk here at all.”
stifle867@programming.dev 8 months ago
I’m not sure how being forced to divest in your own companies to meet debt obligations would leave you insanely rich so we’ll just agree to disagree here.