Dave Lee
@heydave7 · Nov 16, 2021
"But Elon gets to keep 52.65% of the 101M shares"...
Yes but those shares will be taxed at Elon's death (if not sold earlier). Current estate tax rate 40% (and likely will be higher in future).
So, all in all, government will take 69M out of the 101M shares (68.4%).
Elon Musk
@elonmusk
That matches my understanding
09:18 AM · December 19, 2021 · 0 views
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