News for hackers. Stuff that matters.
Re:Musk’s Twitter Purchase Was a Leveraged Buyout by aaomidi on Friday November 04, 2022 @01:28PM (#33470489)
Wonder if he's going to use money from his other companies for interest payments for twitter, and then claim tax deductions for those companies because these were interest payments.

FWIW I have no idea how finances work, just can imagine Elon getting into weird loopholes.

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.