this post was submitted on 14 Jun 2023
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Technology

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[–] agentsquirrel@beehaw.org 9 points 1 year ago (2 children)

He's still beholden to the banks that helped fund the purchase and has to make interest payments.

[–] marco@beehaw.org 4 points 1 year ago

He can just sell some more TSLA ...

[–] NattyNatty2x4@beehaw.org 4 points 1 year ago

The banks don't care how much Twitter is specifically worth, just that they get their money from somewhere. They'll happily find Musk burning a company down if they're also confident that he'll be able to pay off his loans from somewhere else