Elon Musk Loses $200 Billion In One Year
https://www.thefinancialtrends.com/2023/01/01/elon-musk-loses-200-billion-in-one-year/
He didn’t lose anything, you have to sell before you “lose” money.
The continuation of this fallacy is what fuels lefttards calls to confiscate “wealth” from “rich” people. If any percentage of the notional value of paper marked assets was sold it would probably create a cascading selloff and adjust the markets to their true value which is realistically about 1/10 of the paper numbers...