> the market price is what someone is willing to pay, right?
Roughly speaking it's the price someone is willing to pay for one share. That doesn't say much about how much money Elon would receive if he liquidated his entire portfolio tomorrow. You can't just put 100+ BILLION dollars worth of anything on the market and expect there to be a buyer for all of it at yesterday's price. And furthermore, what is Tesla going to be worth when its chairman and CEO is seen to be dumping their shares?
I doubt Elon could even realise one quarter of his "net worth" if he needed it converted to US Dollars next week.
Thing is, you don't need to actually convert if you want to pay, you can actually use the shares as a currency, a vehicule for value. Just like contemporary art. Not being spit dollars out is a problem for buying food, much less for making deals among high-level capitalists.
Roughly speaking it's the price someone is willing to pay for one share. That doesn't say much about how much money Elon would receive if he liquidated his entire portfolio tomorrow. You can't just put 100+ BILLION dollars worth of anything on the market and expect there to be a buyer for all of it at yesterday's price. And furthermore, what is Tesla going to be worth when its chairman and CEO is seen to be dumping their shares?
I doubt Elon could even realise one quarter of his "net worth" if he needed it converted to US Dollars next week.