• NotMyOldRedditName@lemmy.world
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    3 months ago

    If 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 each time they raise money.

      • NotMyOldRedditName@lemmy.world
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        3 months ago

        Maybe longer term, but short/medium term it adds 715 million shares which will increase supply dramatically. The price won’t be able sustain that.