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Ep. 370 - Leverage & A 71B$ mistake
If Elon, on Oct 27th 2022, has invested his 44B$ in Facebook which was then $97.94 per share, the market value on March 27th at $202.84 per share would be 91B$
A 47B$ gain.
Not bad over 5 months.
Instead by his own (over?) valuation of Twitter yesterday at 20B$ - the social media platform he opted into has cost him 24B$
Although the delta is actually 71B$
And you thought we had it bad with CDN Real Estate.
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By Dustan Woodhouse
5
22 ratings
If Elon, on Oct 27th 2022, has invested his 44B$ in Facebook which was then $97.94 per share, the market value on March 27th at $202.84 per share would be 91B$
A 47B$ gain.
Not bad over 5 months.
Instead by his own (over?) valuation of Twitter yesterday at 20B$ - the social media platform he opted into has cost him 24B$
Although the delta is actually 71B$
And you thought we had it bad with CDN Real Estate.
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