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Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???[/quote] Not that simple with $13 bn financing structure. He’s leveraged a significant part of his wealth for Tesla and SpaceX. Plus the $7.1 bn the Saudis put into the deal. He could very well lose control of Tesla. [/quote] I saw a video yesterday, maybe on business insider? Saying Musk was perhaps trying to make the banks back off on debt payments, junk the company and then have the banks accept 10 or 15% of the original payments. I'm just not sure why he'd expect advertisers to flock back, or to ever get nother bank loan if he does that? Of course, if he has even 1 billion in cash from recent sales, he could retire and live "lowkey" for his natural life...[/quote]
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