Comment on Elon Musk loses fight with ex-Twitter staffer, must pay $600K
NotMyOldRedditName@lemmy.world 6 months agoIf he tried to liquidate all of his Tesla shares on the open market over a period of time, I wouldn’t be surprised if it was less than half.
SpaceX is another story though as it’s not public and he can just do a private sale. He could probably get very close to what his shares are worth, maybe even more as it’s value keeps going up.
ayyy@sh.itjust.works 6 months ago
Also the shares will be worth more the less it is controlled by him.
NotMyOldRedditName@lemmy.world 6 months ago
Maybe longer term, but short/medium term it adds 715 million shares which will increase supply dramatically.