Except not, cuz it's money he doesn't have to begin with. His net worth isn't a pile of money, it's a constantly fluctuating number based on what the rest of the world think the his various companies' stock is worth. Same as if you own a house and you get a new tax assessment that says it's worth $10,000 less than last year. Your bank account doesn't skrink by $10,000. The max amount you are able to get a loan for might decrease a little, but other than that it's pretty much a non-event.
this post was submitted on 03 Apr 2025
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But he's using his stock as collateral to get bank loans so this hurts him anyway.
Nice. Musk = POS Nazi.
He'll always have his cheese hat though.
Stop. You're giving me an erection
Someone start the "Meh" movement:
"Make Elon Homeless".
I'm giving a $15 bounty to whoever can code a website to ring a tiny bell every time this happens
I made a super basic site to track the price difference since the page has loaded. A tiny bell rings if the price has gone down more than $2.43, but you might need to leave the page open for a day or 2 to actually see the price drop enough to ring the bell. I am using a free api to track the price, which has a limit to 30 requests per second. So if the page doesn't fully load for you, wait a few minutes and try reloading the page.
If request rates start getting problematic you could probably drastically reduce the refresh rate, seems like once per second right now which is way overkill IMO.
Also if you want to share the source I can host a mirror of it to further increase resilience to API ratelimits
Looks like polygon api can get live data 5/req a minute? https://polygon.io/pricing
I'm not super familiar with finance lingo; how is a "stock price" usually determined? ~~SMA?~~
edit: seems like "last quote" or "last trade" are probably the best for this kind of thing? https://polygon.io/docs/rest/stocks/trades-quotes/last-quote Those apis cost money, though. 😭
I’ll add 10¢ to the pot
I really like that, thanks.
The fact that this post has been downvoted twice clearly shows Elon has a main and a burner account like all the non billionaires
Out of interest, how do you know if a post has been downvoted? I only see up votes? Is it a instance specific feature?
On the default Lemmy Web UI, you can hover your mouse on the score count.
I’m on mobile and the app I use shows them, Arctic is a pretty nice little known gem!
Only iOS tho..
Jerboa shows downvotes too.
I can see it's on the top of the page, with the up down arrow? I'm on mobile
It depends on your client/settings on mobile, but no clue on PC.
There's an account setting to show them. Although on the web UI I have to move my cursor on the score to show the up/downvote numbers for posts.
(And while it could be disabled by the instance, .world has downvotes enabled)
Nut