r/technology • u/DontFearTheCreaper • 1d ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/[deleted] 1d ago

Temporary losses to buy back in at an incredibly low amount and come out multiple times richer after the administration is gone.

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u/[deleted] 1d ago

This makes literally no sense. Tech CEOs aren't holding their money in cash. They're holding it primarily in company stock. It's crazy how Reddit is now just pure misinformation.