▲ 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
[–] 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