Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against him in a New York civil fraud case without posting the full amount himself, his lawyers said on Monday.

  • @hperrin
    21•9 months ago

    I don’t think Elon has that much liquid. He’d have to sell off a lot of shares of one of his companies, and that would probably disaffect the stock. I wouldn’t put it past him to do that though.

    • lurch (he/him)
      19•9 months ago

      if Elon sells stock, so his influence on the company via votes significantly decreases, the stock will go up, because having a manchild in charge is a deterrent to investors.

      • @hperrin
        7•9 months ago

        Ha! I didn’t think of that.

    • @[email protected]English
      16•9 months ago

      If Elon had an actual liquidity crisis where he had to bring a meaningful fraction of his assets to bear in terms of real monetary value, he’d probably lose control of his publicly traded companies.