please elaborate

killingtime74 a day ago | parent | prev | next [-]

Bagholders

	▲	caminante a day ago \| parent [-]
		Doesn't seem right as plenty of institutionals get cooked. He claims loyalty with long-term holders who trust him (read:less nagging and more license). I suspect it's also more convenient for his IR team to avoid worthless meetings with super shareholders.

Zigurd 18 hours ago | parent | prev | next [-]

Please hold this bag for me.

deeviant a day ago | parent | prev [-]

There are ~7 born per minute. 95% of them are retail investors.

If you want actual reason, it's because he uses it as a money battery, i.e. funding xAI and SPACE DATA CENTERS.