Musk does not have $3000 x 300,000,000+ in cash laying around.
That is a common misconception about billionaires. His net worth is tied up in assets, and there are not enough buyers to buy every share at the highest offered price per share.
That is a common misconception about billionaires. His net worth is tied up in assets, and there are not enough buyers to buy every share at the highest offered price per share.
It’s like saying Usain Bolt would run a 2:30 mile at his 100m pace. Yes, we know that’s impossible but it’s an interesting way to conceptualize how ridiculously fast he is.