Joe Rogan has suggested President Donald Trump is using ICE raids and fraud claims in Minnesota to distract people from the stalled release of the Jeffrey Epstein files.
Joe Rogan has suggested President Donald Trump is using ICE raids and fraud claims in Minnesota to distract people from the stalled release of the Jeffrey Epstein files.
The thing is though, it’s only market capitalizations at those obscene levels. There are few companies worth a trillion dollars intrinsically, probably none, idk maybe exxon or apple could count. But all the tech companies, tesla, nvidia, are all so overpriced it beggars reason.
Everyone knows they aren’t worth that much but they know they can trade at those amounts, it’s divorced from fundamentals. Tesla is giving musk many times more in value in that 60 billion pay package than the company is intrinsically worth, maybe 10 billion dollars, maybe. Probably less given their flagship truck was a piece of shit in like 10 ways and he alienated half the west with his nazi bullshit. And nazis don’t want electric cars, they’ve always been partial to gas…
Anyway sorry long tangent to say millions of dollars is still quite significant if they are realizing it in actual capital. If paying in overpriced stock it’s a drop in the bucket.