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[-] merc@sh.itjust.works 4 points 10 months ago

As in, on average his wealth increases by that much? Or that he makes that much in income?

[-] DragonTypeWyvern@literature.cafe 4 points 10 months ago

They're the same thing, and Elon buying Twitter in cash should have taught you that.

[-] merc@sh.itjust.works 0 points 10 months ago

They're not the same thing. Musk paid for twitter partially with borrowed money, partially with money raised by selling Tesla stock. The money he got when he sold that Tesla stock was income. The borrowed money wasn't.

this post was submitted on 10 Jan 2024
215 points (95.7% liked)

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