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FlyingSquid ,
@FlyingSquid@lemmy.world avatar

Forever failing upward.

shalafi ,

Can’t see how this would benefit him. Say he cashes in and take the $2.5B. OK, that’s real money as opposed to the paper (and worthless) stocks he has now.

But Trump himself selling out will only tank the stock, of which he owns $5.6B.

Is it a “bird in the hand vs. bush” thing?

NOT_RICK ,
@NOT_RICK@lemmy.world avatar

2.5 billy richer sure seems like coming out ahead to me

Monument ,

Sort of, except the bush sounds like a lot of birds are in there, but when you stick your hands in, all you find are artificially inflated stock values.

Sorry for the abused metaphor.

Basically, the company isn’t worth the hype. So the purported value of those stocks is meaningless, unless he can sell them off before the hype ends. The 2.5 billion now is likely far in excess what that 5.6 billion will be worth in the future.

kbin_space_program ,

Depends how much he invested. The money on hand might be more important to him to make him an actual billionaire.

Also, he has to keep bribing the Supreme Court aftee they crowned him.

RagingRobot ,

You can borrow money against stock holdings, kind of. While it wouldn’t give him access to all of that he could borrow from it and still have it in his portfolio

ikidd ,
@ikidd@lemmy.world avatar

Not if the Russians and Saudis keep buying to prop it up. Which has no doubt been the plan all along.

LustyArgonianMana ,
@LustyArgonianMana@lemmy.world avatar

It’s literally what they’ve been doing with Tesla for years

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