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Elon Musk loses fight with ex-Twitter staffer, must pay $600K (arstechnica.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 2 months ago* (last edited 2 months ago) (1 children)

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.

[–] [email protected] 5 points 2 months ago (1 children)

Also the shares will be worth more the less it is controlled by him.

[–] [email protected] 2 points 2 months ago* (last edited 2 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.