this post was submitted on 24 Jul 2026
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[–] Jaysyn@lemmy.world 24 points 1 month ago (4 children)

At what price point does Muskrat get his loans called in?

[–] MightEnlightenYou@lemmy.world 26 points 1 month ago (3 children)

His net worth is still half a trillion more than it was a year ago.

He didn't buy shares in SpaceX, he already had them before the IPO

[–] Jaysyn@lemmy.world 24 points 1 month ago (2 children)

FYI, that stock is used as collateral for the loans which fuel his lifestyle. When that stock drops to a certain price, those loans get called.

FFS, he doesn't have anywhere near half a trillion in liquidity.

[–] Bustedknuckles@lemmy.world 7 points 1 month ago

That only matters if lenders a) don't believe he can pay the loans back, and b) would not themselves be hurt by calling in loans. With how incestuous the Epstein class is, my cynical bet is that he gets away with far too much for far too long

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