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Comment by throwawayfifo

15 hours ago

>We know Musk's net worth

No we don't.

>It's public knowledge!

No it's not. We estimate his net worth based on public filings. We know next to nothing about his nonpublic holdings.

It has its own Wikipedia article.

https://en.wikipedia.org/wiki/Wealth_of_Elon_Musk

That the estimates vary a bit on the edges doesn't mean they've no value. It was public knowledge when his net worth confirmably hit a trillion dollars in share holdings.

  • From your own linked source: "with an estimated net worth of US$942 billion."

    "with an estimated"

    You made my point for me, thank you.

    >That the estimates vary a bit on the edges

    We don't know that. It could vary widely, intra-day even.

    >doesn't mean they've no value.

    I did not make this claim.

    >It was public knowledge when his net worth confirmably hit a trillion dollars in share holdings.

    It was "public knowledge" when his estimated net worth hit a trillion.

    • > You made my point for me, thank you.

      If your point is "we can't tax people because estimates aren't perfect", sure. But it's a silly point. We already tax people off estimates - if you own a house, your property taxes are assessed in exactly this fashion - an estimate of its value.

      > It was "public knowledge" when his estimated net worth hit a trillion.

      No. It was public knowledge when his known numbers of shares in his publicly traded companies reached a known price point.

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