this post was submitted on 05 May 2026
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Work Reform

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[–] SatansMaggotyCumFart@piefed.world 13 points 11 hours ago* (last edited 11 hours ago) (2 children)

Elon is worth more than the next three richest billionaires combined.

[–] betterdeadthanreddit@lemmy.world 16 points 11 hours ago (1 children)

And yet I'd still trade him for a day-old half-eaten bologna sandwich.

[–] lando55@lemmy.zip 4 points 10 hours ago (1 children)
[–] betterdeadthanreddit@lemmy.world 11 points 10 hours ago

Either way, I'm not going hungry.

[–] krisevol@lemmus.org 7 points 10 hours ago (1 children)

Most of his worth is stocks, that are highly overvalued by 100x. If he tried to liquidate for cash he would be with a fraction of his net

[–] SatansMaggotyCumFart@piefed.world 11 points 10 hours ago (1 children)

That's why they use the stocks as collateral for a loan.

[–] krisevol@lemmus.org 6 points 10 hours ago (2 children)

Exactly. The second we tried to liquidate him, none of that money would exist.

[–] i_stole_ur_taco@lemmy.ca 3 points 8 hours ago

Then we try liquifying instead?

[–] flandish@lemmy.world 4 points 9 hours ago

and yet he still has the reach and power he does, with ephemeral shit like stocks. as if they’re … just like dollars. it doesn’t matter what kind of asset it is, these billionaires need to go.