▲ 349 ▼ Elon May Have a Huge Issue Because Microsoft Owns the “X” Trademark (futurism.com) submitted 3 years ago by storksforlegs@beehaw.org to c/technology@beehaw.org 92 comments fedilink hide all child comments
[–] dawnerd@lemm.ee 27 points 3 years ago (1 child) Microsoft is a 2.6T dollar company… permalink fedilink source parent hideshow 2 child comments replies: [–] threetimes@beehaw.org 11 points 3 years ago (3 children) Market capitalization means that every share of MSFT combined at the current price is worth $2.6T. The company has $100B cash on hand. That's actual cash and investments that could be easily converted to cash. Substantially less than $2 trillion. permalink fedilink source parent hideshow 6 child comments replies: [–] maynarkh@feddit.nl 16 points 3 years ago (2 children) Yeah, but by that logic, Musk isn't a billionaire either. permalink fedilink source parent hideshow 4 child comments replies: [–] knotthatone@lemmy.one 3 points 3 years ago* And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does. permalink fedilink source parent [–] threetimes@beehaw.org 1 point 3 years ago Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are "worth." They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft. Your comment is low-effort. Don't do that. permalink fedilink source parent [–] AphoticDev@lemmy.dbzer0.com 7 points 3 years ago Oh, only a $100 billion? Wow what poors, guess they're fucked. permalink fedilink source parent [–] Faydaikin@beehaw.org 1 point 3 years ago Isn't that still a fuck-ton more than what any of their competitors have at their disposal? permalink fedilink source parent
[–] threetimes@beehaw.org 11 points 3 years ago (3 children) Market capitalization means that every share of MSFT combined at the current price is worth $2.6T. The company has $100B cash on hand. That's actual cash and investments that could be easily converted to cash. Substantially less than $2 trillion. permalink fedilink source parent hideshow 6 child comments replies: [–] maynarkh@feddit.nl 16 points 3 years ago (2 children) Yeah, but by that logic, Musk isn't a billionaire either. permalink fedilink source parent hideshow 4 child comments replies: [–] knotthatone@lemmy.one 3 points 3 years ago* And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does. permalink fedilink source parent [–] threetimes@beehaw.org 1 point 3 years ago Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are "worth." They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft. Your comment is low-effort. Don't do that. permalink fedilink source parent [–] AphoticDev@lemmy.dbzer0.com 7 points 3 years ago Oh, only a $100 billion? Wow what poors, guess they're fucked. permalink fedilink source parent [–] Faydaikin@beehaw.org 1 point 3 years ago Isn't that still a fuck-ton more than what any of their competitors have at their disposal? permalink fedilink source parent
[–] maynarkh@feddit.nl 16 points 3 years ago (2 children) Yeah, but by that logic, Musk isn't a billionaire either. permalink fedilink source parent hideshow 4 child comments replies: [–] knotthatone@lemmy.one 3 points 3 years ago* And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does. permalink fedilink source parent [–] threetimes@beehaw.org 1 point 3 years ago Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are "worth." They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft. Your comment is low-effort. Don't do that. permalink fedilink source parent
[–] knotthatone@lemmy.one 3 points 3 years ago* And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does. permalink fedilink source parent
[–] threetimes@beehaw.org 1 point 3 years ago Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are "worth." They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft. Your comment is low-effort. Don't do that. permalink fedilink source parent
[–] AphoticDev@lemmy.dbzer0.com 7 points 3 years ago Oh, only a $100 billion? Wow what poors, guess they're fucked. permalink fedilink source parent
[–] Faydaikin@beehaw.org 1 point 3 years ago Isn't that still a fuck-ton more than what any of their competitors have at their disposal? permalink fedilink source parent