Comment on One year after being bought for $44 billion, X is worth $19 billion

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UnderpantsWeevil@lemmy.world ⁨1⁩ ⁨year⁩ ago

According to a Reuters calculation, Musk had about $20 billion cash after selling part of his stake in Tesla through multiple transactions in November and December last year and April and August.

My mistake. I assumed he’d simply swapped the Tesla stock at face value, rather than cashing it out via a brokerage.

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