sanitation@lemmy.today to Technology@lemmy.worldEnglish · 7 hours agoSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comexternal-linkmessage-square29fedilinkarrow-up1233arrow-down13
arrow-up1230arrow-down1external-linkSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 7 hours agomessage-square29fedilink
minus-squareBlue_Morpho@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·edit-24 hours agoHe gets to borrow against the shares as if he has that trillion in cash.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up3arrow-down1·1 hour agoWhat moron bank would lend against no actual collateral.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up1·3 hours agoYeah sure I also think that he is a trillionare at the moment. I was just trying to show that it’s absurd to say he has the money even if the stock price falls because he’s already liquidated it.
He gets to borrow against the shares as if he has that trillion in cash.
What moron bank would lend against no actual collateral.
Yeah sure I also think that he is a trillionare at the moment. I was just trying to show that it’s absurd to say he has the money even if the stock price falls because he’s already liquidated it.