Re:Musk’s Twitter Purchase Was a Leveraged Buyout
by encryptluks2 on Friday November 04, 2022 @01:40PM
(#33470750)
He's proven that you can do pretty much anything if wealthy enough and face almost no consequences.
Re:Musk’s Twitter Purchase Was a Leveraged Buyout
by mikkergp on Friday November 04, 2022 @01:47PM
(#33470906)
I suspect this is only true if the wealthy people protecting you keep making money.
Re:Musk’s Twitter Purchase Was a Leveraged Buyout
by boeingUH60 on Friday November 04, 2022 @02:05PM
(#33471231)
He can only do that if he owned Tesla and SpaceX outright. But, Tesla is a publicly-traded company with tens of thousands of shareholders that’ll sue him into oblivion if he tries that.
SpaceX is privately-held, but has raised billions of dollars from dozens of investors, so that won’t fly neither.
FWIW I have no idea how finances work, just can imagine Elon getting into weird loopholes.