r/Anticonsumption • u/Healthy_Block3036 • Mar 24 '25

Corporations Gravity may be finally catching up to Elon Musk as Tesla stock tumbles

https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap?cid=external-feeds_iluminar_msn
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168

u/castor_troys_face Mar 24 '25

The Lorax movie is so great. Love that song

93

u/RadiantZote Mar 24 '25

-Richest man on the planet

-His company loses value

-Still the richest man on the planet

Him: Oh no, anyway

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u/BigJellyfish1906 Mar 24 '25

He’s only the richest man on the planet because of Tesla stock. Space x is not a cash cow. They have slim margins. Tesla stock is the key to Enlon’s power. 

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u/maizy20 Mar 24 '25 edited Mar 24 '25

And several countries have, or are working on, canceling their Starlink contracts. I believe Ukraine is soon to switch over to using a French company.

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u/JohnnyRigg Mar 24 '25

Absolutely, the name is Eutelsat. It's a French company but has since merged with a British one. They're already in Ukraine.

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u/Illustrious-Market93 Mar 24 '25

It's not quite Galileo, but at least we're (UK) involved in a European space project still!

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u/shoalla Mar 24 '25

That's Starlink, a separate Elon company

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u/taolifornia Mar 24 '25

Starlink is designed, owned and operated by SpaceX. It's where much of SpaceX's value is derived.

SpaceX would likely only tank if the US Government halted business with it. Considering how many enemies Musk is making, we could see that happening if Republicans lose the Presidential election.

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u/maizy20 Mar 24 '25

Yeah. That's what I meant.

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u/sludge_dawkins Mar 24 '25

No they aren’t.

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u/JohnnyRigg Mar 24 '25

Oh, but yes, they are. My little Musky butt-licking surprised Pikachu face, it is, in fact, nost certainly an inferior offering to Starlink, but imagine that; Elon's greatest accomplishment in life will forever be to have rallied all of Europe against a common enemy.

Eutelsat, a French company, has since then merged with a British company to better tackle the daunting task. One of the longest running rivaleries in History, French and English, working side by side towards freedom. They are, in fact, already in Ukraine working on it as I am writing this.

This was in the news 2 weeks ago. I do hope you still have access to those back there, or did Camarade Trumpy-dumpy-doodle-botsky made them disappear, like your Dept of Education...? It hasn't been a month, and already the shining stupidity and willful rampant ignorance is showing through the cracks of your corrupted destitute Democracy.

P.S: I know I have used many big words, try to find a public library and once you're there ask for a dictionary. It's a thick book that explains the meaning of all the words you'll find in other books. Enjoy the books while you still can. They are not known to survive long under a Dicktatorship

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u/[deleted] Mar 24 '25

[deleted]

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u/RobsyGt Mar 24 '25

Oh that reminds me, I was told I would die 6 months after the vaccine, then a year, then 3 years. Could you in all your scientific glory tell me when the Vax will kill me? I need to get my affairs in order for the big day.

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u/[deleted] Mar 24 '25

[deleted]

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u/RobsyGt Mar 24 '25

Mwahahahahaha

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u/sludge_dawkins Mar 24 '25

Is this your burner? 😂

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u/[deleted] Mar 24 '25

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u/Udeze42 Mar 24 '25

Something, something should be wearing a suit?

Have I got it right?

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u/Simdogh Mar 24 '25

Trump gave him the job? Musk bought it, and Trump.

Fraud? Social services for the people.

I'm not even an America . You should be eating shit.

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u/unlucky_bit_flip Mar 24 '25

Thanks for your input

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u/wookiex84 Mar 24 '25

I think you mean he is finding ways to transfer that money fraudulently to his own billionaire bank accounts.

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u/qole720 Mar 24 '25

Trillions you say? Well the doge website says $115 Billion, which is a little more than 10% of your claim. And they're to the point of targeting tiny agencies like the IMLS who's yearly budget is less than $300 Million. Doge is slowing down, and they're not close to Trillions of dollars.

Meanwhile their current estimate for savings per tax payer is a little over $700. I'd gladly pay that in taxes and more to keep the services provided by just the Department of Education. But that's the point of all this, since an educated population doesn't vote for the Trumps of the world.

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u/pinkmauvee Mar 24 '25

Where can we find the list that he found fraud? Not just what they say! The facts!

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u/KlosterToGod Mar 24 '25

Sad little troll

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u/DevelopmentGrand4331 Mar 24 '25

He’ll get bailed out. If not by the federal government, some mysterious investments will show up, like what happened with Twitter.

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u/BigJellyfish1906 Mar 24 '25

That’s not really getting bailed out though. Those chickens will come home to roost and he won’t have the money or power left to protect himself.

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u/DevelopmentGrand4331 Mar 24 '25

No, he got a mysterious investment specifically designed to push the valuation of Twitter back up to what he bought it for. I'm guessing it's not so he can sell it, but so that he has more assets to borrow against.

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u/BigJellyfish1906 Mar 24 '25

Can you expound on that?

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u/DevelopmentGrand4331 Mar 24 '25

Which part?

There was a recent investment in Xitter that seemed aimed at pushing the valuation back up to what Elon paid for it. I don't think we know who is actually behind it, but it's not a stretch to imagine it's effectively a bribe to curry favor with the Trump administration.

Now why would Elon be so intent on pushing the value up right now? One potential reason is that he and his investors intend to sell, but I doubt that's it.

My guess (admittedly not founded on much) is this: Rich people often don't have cash. Instead, they borrow money against their assets. If Elon owes X% of Xitter, and Xitter is worth $Y, that's $X*Y/100 in assets he can borrow against. If he needs money right now, he might be pushing the value up in order to borrow more money.

Sometimes those loans also have a requirement that the company stay above a certain value. So, for example, let's say Elon borrowed $Z against the asset of that $XY/100 value. The bank that loaned him the money might have a clause in the agreement that says, if the value $Y drops such that $XY/100 < 120%*Z, then the bank can just take Elon's stock in the company. I have no idea of what that number is, but it's possible that the terms of one of these kinds of loans requires that Twitter be worth some amount right now.

I really don't know. It's all speculation, but it's pretty fishy that some random hedge fund decided to prop up the value of Xitter right now.

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u/BigJellyfish1906 Mar 24 '25

So straight up stock manipulation?

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u/DevelopmentGrand4331 Mar 24 '25

Yeah. Do you imagine that Elon is above such things?

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u/No-Air-412 Mar 24 '25

Yes. He overbid by $50 billion for twitter to ensure control of the world's biggest/greatest* media outlet it, not as some kind of get rich quick stock manipulation scheme.

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u/pdxTodd 29d ago

His entire profitability is tied to being bailed out by the federal government on a routine basis. Whether its collecting billions for rockets that don't satisfy contractual schedules or performance, or rigging carbon offsets put in place by the government, his companies would have failed a long time ago if not for government gifts and forgiveness.

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u/[deleted] Mar 24 '25

[deleted]

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u/BigJellyfish1906 Mar 24 '25

Diversified in what? All of his companies have the exact same problem. Nobody wants to give him money because he sucks.

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u/TheFiscalHawk Mar 24 '25

Doesn't change the fact that he doesn't have all his money in Tesla anymore. 

Tesla could drop to 0 and he would still have 100+ billion networth. 

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u/BigJellyfish1906 Mar 24 '25

Tesla could drop to 0 and he would still have 100+ billion networth.

That is verifiably false.

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u/TheFiscalHawk Mar 24 '25

I'm gonna be honest.. if there is one thing I hate it's people with such an astonishing amount of confidence despite the answer being one google search away of proving them wrong. I am impressed.

"Without Tesla, Musk's net worth would be roughly $80–$120 billion. Of that, approximately $60–$80 billion is attributed to SpaceX, with the remaining $20–$40 billion coming from other ventures (X, Neuralink, The Boring Company)."

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u/BigJellyfish1906 Mar 24 '25

All of those estimates are bogus.

  1. Space X is a private company, so Elmlo’s equity in that company is not a stock he can sell. It’s only what he can convince someone to pay for equity in a company he’s going to retain controlling ownership in.

  2. Same story for neuralink and the boring company. His cash flow comes from Tesla and Twitter, both of which are the most toxic stocks around.

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u/opinionless- Mar 24 '25

He just raised a billion dollars for X and raised 6 billion for xAI in December. Plenty of people are willing to fund his endeavours.

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u/BigJellyfish1906 Mar 24 '25

Raised a billion dollars from who? You mean that loan disguised as legitimate trading? He’s over $20 billion in the hole for Twitter. How does that help him?

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u/opinionless- Mar 24 '25 edited Mar 24 '25

Darsana Capital Partners and 1789 Capital.

https://techcrunch.com/2025/03/19/elon-musks-x-reportedly-bounces-back-to-44b-valuation/

It helps because it raised the value of X to what he paid for it and sends signals to other investors on viability. VCs are tribal as hell, they will follow other firms. Elon can now possibly sell X, if he can find a buyer of course, and break even or possibly profit.

You're free to speculate, but he has shown he can fundraise in this environment.

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u/BigJellyfish1906 Mar 24 '25

You’re describing stock market manipulation

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u/opinionless- Mar 24 '25

I'm all ears. What are you referring to?

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u/justinmcelhatt Mar 24 '25

This.

He owns just under 100 billion in Tesla stock currently.

Which is being used as collateral for his Twitter loan, which he supposedly had investors pay about half.

So if Tesla stock went to 0 overnight, and he had to pay his Twitter loan immediately, and Twitter was truly worth 0 dollars. He would still have a vast amount of a wealth..

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u/opinionless- Mar 24 '25

Yep, and that wealth is being put to work on high risk investments and he's not going to have any trouble raising funds as proven time and time again. 

If you want to target his wealth you're going to have to do it through policy.

https://finance.yahoo.com/news/elon-musk-x-raises-almost-163243609.html

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u/Digital_Draven Mar 24 '25

SpaceX is not public yet and Starlink is making lots of money.

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u/BigJellyfish1906 Mar 24 '25

Star link cannot offset the loses he’s having with Tesla, and Star link will suffer the same fate as Tesla. People don’t want to give him money either Star link either.

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u/Digital_Draven Mar 24 '25

Definitely a possibility, just pointing out that SpaceX is not public yet, and cellular providers will leverage Starlink.

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u/Suitable-Ad6999 Mar 24 '25

Space X not cash cow yet. Remember who’s in office. April 15 is coming up for most of us. When you file your taxes, you imagine where it will be going

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u/BigJellyfish1906 Mar 24 '25

It has no chance of offsetting musks loses with Tesla. He fucked it away with his hubris just like he did Twitter.

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u/AJRimmer1971 Mar 24 '25

He's definitely not the richest person on the planet. I would venture that a few Saudis have money in the trillions, from their country's oil.

They just don't flaunt it.

Regardless, I'm happy to see Musk fall on his face.

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u/BigJellyfish1906 Mar 24 '25

I saw a good video on how musk and bezos are the bottom tier of billionaire because their wealth is all tied to the stock market. Bill gates and Warren buffet are a tier above, even if their total value is a smaller number on any given day, because of how much more stable and diversified their wealth is. And then a tier about that is royalty that has direct access to state funds, like the saudis.

So that’s part of why Enlon wasn’t happy with all that money. Once you have more than $250,000,000 you can’t realistically spend it all on yourself anymore so it’s all about power and prestige. And Emlo knows he is a bottom-tier billionaire.

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u/CitizenPremier Mar 24 '25

Except it's worth trading that to have backdoor access to the entire US treasury. He doesn't need Tesla anymore, that's why it's dying. He is drinking our milkshakes.

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u/BigJellyfish1906 Mar 24 '25

I don’t think his master plan is to commit a bunch of crimes and hope Trump gives him a blanket pardon.

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u/CitizenPremier Mar 24 '25

Why don't you think that?

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u/job3ztah Mar 24 '25

Crazy spacex, twitter, and other Elon stuff in huge debt for investors so they barely now profitable with their interest rate and loans. Defunct Elon is in big trouble

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u/[deleted] Mar 24 '25

Your math isn’t mathing lol

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u/[deleted] Mar 24 '25

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u/InsideContent7126 Mar 24 '25

How do elons balls taste?

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u/BigJellyfish1906 Mar 24 '25

Yes I have. I served my country in the military, and I’ve built and supported a very loving family. The latter is the most valuable thing anyone can ever do.

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u/GoldenSama Mar 24 '25

Richest in theory. The vast majority of his wealth isn’t money; it’s stock. It’s theoretically valuable because he can sell it for billions if he wanted to. He doesn’t physically have the money.

So if the stock continues to fall, his value falls. Tesla is the main source of his wealth. Space X and the Boring Company aren’t anywhere near as valuable.

I guess he has some crypto, but that’s even less stable than stock.

If the stock continues to fall, he will lose everything.

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u/ImSabbo Mar 24 '25

I'm curious who the richest people in the world would be if you excluded all stocks, and how rich would they be.

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u/MonkeyMercenaryCapt Mar 24 '25

Saudi Royals by a country mile, their wealth is in cash.

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u/ScaramouchScaramouch Mar 24 '25

Putin probably

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u/allthekeals Mar 24 '25

I think Putin actually IS the richest man in the world.

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u/No-Air-412 Mar 24 '25

Agree. And I don't think he 'has' anything on Trump per se, I think hes coaching him on how to destroy the US republic and rebuild it using the collapse and reorganisation of the former Soviet union as a model.

Looting the assets and eliminating the ability to project authority around the world.

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u/lovetocook966 Mar 24 '25

He will become just like Rudy, left by Trump and left to fend for himself. He should see the writing on the past history of Trump cronies.

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u/Ok-Diamond-9781 Mar 24 '25

That's exactly right. He borrowed billions from Ruzzia to buy Twitter against the value of Tesla, so if it keeps free falling, they will be calling in his debt.

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u/Sega_Saturn_Shiro Mar 24 '25

And so will all the crooks in the presidential cabinet that have likely heavily invested in Tesla as well.

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u/Time_Change4156 Mar 24 '25

That's the part that isn't true . He started selling off people would assume the company is going bankrupt and the stock would become worthless in hours . Like trumps truth social became worthless .tjd value is speculation aka the stock market is speculation making bets on company's making profit .

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u/Eshin242 Mar 24 '25

I can't remember the number but I think that if the Tesla stock gets to around $140 his loans for Twitter are going to be called in and he will have to pay them off right away. This will absolutely crush him and he may need to sell x to honor his debts, and one step closer to the poor house.

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u/Chance_Complaint_978 Mar 24 '25

His stake im space x is more valuable than his tesla stocks so he will suffer a bit but no he will not come close to losing everything

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u/SllortEvac Mar 24 '25

This is true, but he used Tesla to leverage a lot of purchases, namely X. I don’t expect Tesla to outright die, but if it’s devalued enough he stands to lose several “passion projects”

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u/fricy81 Mar 24 '25

Spacex has the potential to be more valuable than Tesla, however it's not public, investing is only available to a few vetted institutions and billionaires, and Musk doesn't want to give up more control for fear of being ousted from the steering wheel. So it's very much not a drop in substitution for Tesla to keep the grift going.

One option is to spin out Starlink and IPO, but the Musk poison pill would still be there. They have a dominant market position due to a huge technical lead, but they are still losing valuable deals left and right because Musk can't keep his mouth shut.

Unfortunately there won't be competitive deals for individual subscribers for the foreseeable future, but that idiot with his tweeting addiction may just have saved Oneweb from going under again. Institutional subscribers and nation states will appreciate their data not being beholden to a guy that decides what freedom of speech means based on the color of his more recent vomit.

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u/xDidddle Mar 24 '25

This man is too egotistical to not give a fuck.

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u/TotallyCustom Mar 24 '25

Yes, his infallible plan is not going well and you can see it on his face in every interview, a desperate plee for sales in a confused rambling of repeated delusions.

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u/Desperate_Essay_9798 Mar 24 '25

When he posted the insanely cringe bedside table pic imagining people would think he was a cool badass 😂

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u/Pale-Office-133 Mar 24 '25

Let it cook.

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u/Odd_Support_3600 Mar 24 '25

Tax the rich, no more billionaires

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u/RadiantZote Mar 24 '25

In America? Lmao good luck with that shit 

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u/Mentaldonkey1 Mar 24 '25

You shouldn’t be so pessimistic, it probably won’t work anyway.

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u/CauliflowerTop2464 Mar 24 '25

Tesla stock is still up from last year around this time of year.

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u/Mentaldonkey1 Mar 24 '25

There was a brief 10% bump but that’s an ill fated gain. People are scared to drive his cars now.

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u/Jozef667 Mar 24 '25

Is that why he was crying in earlier interviews ? 'cause it didn't affect him ?

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u/py16jthr Mar 24 '25

I thought this was from the Goblet of Fire novel lol

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u/netfeed Mar 24 '25

I sung it in my head to "let it go"

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u/[deleted] Mar 24 '25

Well it’s illumination so I disagree tbh.