this post was submitted on 02 Sep 2024
848 points (98.8% liked)

Microblog Memes

5741 readers
1995 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Tartas1995@discuss.tchncs.de 3 points 2 months ago (1 children)

I am aware. That is how stocks work. The billions "lost" got paid to previous owners of the stock.

I used "owning" instead of "owned", sorry, I guess.

[โ€“] Wispy2891@lemmy.world 1 points 2 months ago

On the upside, if we think better, the answer to the question "how much money would Larry Ellison get if he found another sucker willing to buy his Xitter shares?" is $0 as there would be nobody so insane to buy them.

So that number is the money that he lost for now, if he would be able to sell