Post by @green_goglin@thelemmy.club

@bitjunkie@lemmy.world 2026-11-06 14:35

@edgemaster72@lemmy.world 2026-11-06 14:37

Isn’t he supposedly a trillionaire these days? $80B is a good start, but it’s not nearly enough

@Neil@netburrow.org 2026-11-06 14:42

It’s all imaginary money that never existed in the first place. He lost nothing because he didn’t actually have anything to begin with.

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@schwim@piefed.zip 2026-11-06 14:32

80 billion? How on earth will he ever get by on the remaining $920,000,000,000 dollars?

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@crunchy@lemmy.dbzer0.com 2026-11-06 14:51

This would have been a much better headline back when his net worth was “only” $40bn.

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@UnderpantsWeevil@lemmy.world 2026-11-06 14:52

Trillionaire loses $80B credit card in couch cushions. Nation celebrates as oligarch experiences rounding error shift in status.

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@ininewcrow@lemmy.ca 2026-11-06 15:01

This just shows how dumb our entire world is … that a single man could win or lose so much imaginary money in a single moment, just because enough of us collectively willed it. It’s another example of why I see modern finances, stock markets and ultra wealth as just our modern day religion. It’s like ancient civilizations … Babylonians, Sumarians, Egyptians … we look back at their cultures and see them as backwards for believing in sun gods, god kings and divine entitlements We’re doing the same thing, we just call it the ‘stock markets’, ‘investments’, ‘corporations’ … and it all only exists because enough of us believe in it. And just like the ancient cultures, if enough people stop believing in it … then it means nothing and it loses all its power.

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@fibojoly@sh.itjust.works 2026-11-06 17:51

Eighty billions? Those are rookie numbers!

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@sp3ctr4l@lemmy.dbzer0.com 2026-11-06 18:16

Elon Musk, world’s first former trillionaire.

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@Jiral@lemmy.world 2026-11-06 18:31

Meme stock based on a bubble.

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@joyjoy@piefed.social 2026-11-06 19:48

All according to plan. Now SpaceX can easier afford to buy Tesla. 😈