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But in practice, if buying $1b of stock makes your stock go up by $17b, then selling that $17b of stock will make your stock go down by much more. (Though: If Musk files a disclosure tomorrow saying that he sold $17b of stock today, I’ll be impressed.)...
It doesn't work that way. First of all, the value of the company went up by about $45b yesterday (about 3.5%), not $17b. Second, if Musk bought $1b (last week), and the news of this pushed up the value of the company up by $45b, Musk can't sell $17b or $45b of stock, he can only sell about $1.035b worth of stock. But as you say, this is not likely.
My general view is that (1) Musk can move the prices of various Musk-related securities and tokens, (2) he gleefully does move those prices around, but (3) he does not generally monetize the results. He moves his stock price for fun, not for profit..."
basically, musk will be much happier re: bigger trump\gop bribes in the future if he retains his richest human title.
Musk could probably move prices fairly easily, but he doesn't seem to do it very much, so how do you justify the accusation that he is doing this 'gleefully'? You are probably right in thinking he would like to retain his 'richest human title', as would I, if I were in his situation, but it seems to me highly uncharitable and also implausible that this is so that he can bribe anyone - if so, why purposefully blow up what looked like a very cozy relationship with the president, by taking issue with his 'big, beautiful budget'? No need to be shy, but the criticism should at least make sense.
CEO's and other executives buy their own stock all the time, and this usually indicates confidence in the prospects of their companies. I would not want to be on the other side of a bet against Musk, either as an investor or as a competitor.
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