this post was submitted on 25 Jun 2026
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SpaceX’s stock slide costs founder his trillionaire title (www.barrons.com)
submitted 1 day ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] RIotingPacifist@lemmy.world 1 points 1 day ago

All money is theoretical, even commodity backed money or commodities themselves are only worth what you can exchange for them, in that regard the $5 in your pocket is exactly as "real" as a stock Elon has with $5 you can both use it to purchase $5 worth of stuff.

Kind of discredits you that you made that argument.

Nah, saying shit like that actually discredits you though.