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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 jollybean on Thursday April 21, 2022 @01:13PM (#31112262)
Not a foregone conclusion. It's complicated. And banks definitely have to do their due diligence.

If it was Buffet then it would be 'almost a foregone conclusion'.

Not with musk.

Musk has gained $10-30M in free publicity thus far. He's made the front pages of the news everywhere in the world.

He can hardly lose here.

And I'm not a Musk fanboy or anything.

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Re:Musk announces funding secured for Twitter buy by bombcar on Thursday April 21, 2022 @01:26PM (#31112471)
One difference is Buffet rarely if ever buys anything, Berkshire buys things. And I dare say Berkshire has everything ready to go.

In this case Musk is buying using TSLA (and SpaceX?) shares as collateral, not having TSLA buy.

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Re:Musk announces funding secured for Twitter buy by jollybean on Friday April 22, 2022 @12:23AM (#31118192)
I meant Berkshire.

Tesla nor SpaceX would have no reason to buy Twitter, so Musk has to do it himself.

He has Tesla shares, that's kind of a secondary thing.

It's a leveraged buy out - banks and other firms would be going in with him. A bit like you buy a house.

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