Pal.
You have zero appreciation for the mind set that drives people like Elon to horde money. Its not about the money, its about power and expression of warped ideological principles, very similar to the ones his Grandfather zealously embraced The reason he is a keen supporter of far right political movements in Germany, Italy and his adopted country.
BTW, how many of the purported tax breaks have passed Congress? Did you know the tax bill is linked directly to the estimated $4.5 trillion tax break (extension of his 2017 tax beak for company's). A slightly disproportionate arrangement for the rich, but obviously when you get paid $2 an hour, then its a welcome break, albeit sleight of hand.
In the end it won't mean sh!t, because anything given in this hand will be taken in inflation and interest rate increases. Note the long end of the treasury market (yields) is in a secular bull because holders are dumping and or not buying. Debt will be priced higher, adding to the already significant debt, then add on the tax breaks.
But those that benefit from the extension of massive tax cuts, won't care, because of the magnitude of the tax break and their already significant wealth disparity.
ps. zero audited record of waste from the DOGE, only a smoke show of make believe benefits. Not that there isn't waste in any institution, but Congress is the owner of spend not the Executive arm and they've not confirmed one cent. On this spend waste, it helped keep this bull market afloat for years - it wouldn't be unreasonable to suggest you've indirectly benefited from such waste, but now ironically think its an evil.
Here's a bridge for sale!
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Last
$2.94 |
Change
0.020(0.68%) |
Mkt cap ! $3.805B |
Open | High | Low | Value | Volume |
$2.97 | $2.98 | $2.87 | $36.90M | 12.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 34742 | $2.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.94 | 202682 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 34742 | 2.930 |
6 | 17672 | 2.920 |
5 | 60017 | 2.910 |
8 | 107393 | 2.900 |
6 | 81138 | 2.890 |
Price($) | Vol. | No. |
---|---|---|
2.940 | 202682 | 8 |
2.950 | 169863 | 20 |
2.960 | 137924 | 10 |
2.970 | 313930 | 23 |
2.980 | 165971 | 25 |
Last trade - 16.19pm 25/06/2025 (20 minute delay) ? |
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