Doesn’t even have to sell any of it. Just borrows against it as collateral and pays the loans off with new loans borrowed against the ever-increasing value.
People do this all the time, and it works until you try to realize the gains and it all falls apart. There is a guy that was worth 2 billion that took out loans. He went bankrupt overnight when the loans were called in and selling his stocks caused a cascade. Literally went broke overnight.
![It's a mystery [Rule]](https://slrpnk.net/pictrs/image/938aa210-416c-4a17-ad70-05c988f810f3.png){kind=link}
Also, who does the money belong to?
Is it Elons because he owns the stock?
Or is it the company’s?
The money doesn’t exist until elon sells the stocks.
Doesn’t even have to sell any of it. Just borrows against it as collateral and pays the loans off with new loans borrowed against the ever-increasing value.
This is how they afford things, and why they want infinite growth. Their lifestyle requires an endless grift and funneling of money to them.
And when we do it were called stupid or bad at money.
People do this all the time, and it works until you try to realize the gains and it all falls apart. There is a guy that was worth 2 billion that took out loans. He went bankrupt overnight when the loans were called in and selling his stocks caused a cascade. Literally went broke overnight.
He can take massive loans with the stock as collateral. 1% liquidity at 1 trillion is a fucking lot of money.
Depends on if there’s a lawsuit