How Stock Exchanges Work
To understand how stock exchanges function, it is important to grasp the basic mechanics of trading. Companies looking to raise capital through the issuance of shares go through a process known as an initial public offering (IPO).
https://t.co/qQ4o47CFjH
You can tell Elon was ready to go at Tesla IPO day on June 29, 2010. If you held since IPO, a $10,000 investment would be worth ~$1.3 million today. Just imagine all the shorts that must have been burned along the way…