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A comment on Musk announces funding secured for Twitter buy. Parent comment

Re:Musk announces funding secured for Twitter buy by nabla9 on Thursday April 21, 2022 @10:28AM (#31109870)
It's not reputation based. Musk as requested secured enough loans to pay with cash. His ownership in SpaceX/Tesla is the collateral (as well as his Twitter shares if he buys them).

He has no "infinity" of anything. It's called leverage and it probably maxes out around 60-70% of everything he owns.

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Re:Musk announces funding secured for Twitter buy by naveen99 on Friday April 22, 2022 @08:07AM (#31120597)
seems crazy to take that much leverage when you are worth $200B. the shorts must be salivating at a chance to force a margin call on him, just for fun. Would have been better to just do a tesla twitter merger for free.
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