Re:Musk announces funding secured for Twitter buy
by colinmhayes on Thursday April 21, 2022 @03:40PM
(#31114266)
There's a not totally unreasonable chance that tesla is 10x lower next year. That would mean his net worth is basically equivalent to the loan he would need. Seems pretty risky.
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Re:Musk announces funding secured for Twitter buy
by mehrdada on Thursday April 21, 2022 @03:44PM
(#31114307)
We don’t know the interest rate of that margin loan but you can be goddamn certain whoever underwrote the loan calculated that risk more precisely than HN crowd such that the rate justifies the default risk.