''Billionaires are playing a different game.

Elon musk lost $25 billion dollars on purpose after buying twitter.''

I know why elon musk bought twitter and changed the name and lost $25 billion dollars on purpose.

Here this theory out:

So if you have a public company you have to declare when it sells and changes share holders.

Elon bought twitter renamed it'' X'' made it private sold the company to another company that he also owns with the exact same share holders in it from $19 billion dollars which was the recent value.

This created a $25 billion dollars paper loss that elon probably used to cover up gains on other companies allowing him to still remain in controll,still own the company and show a $25 billion dollar loss on paper.

And he can do this because the tax code allows you to take capital losses and apply them to capital gains in the same tax year and roll those capital losses forward and he doesnt have to disclose who the share holders are or the sale of those stocks between share holders because you dont have to declare that in a private company.

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