🙄
Guys, I’m starting to think this Elon guy isn’t as smart as he claims…
Depends.
If he thinks Twitter is irreperably dying, this may be a way, in which he can get out of repaying the loans he used to (partially) fund the buyout of twitter.
depends how the loans worked.
I was assuming his majority shares of X (ex Twitter) collateral.
And that that he could just go “yeah, go on, collect on your collateral, I don’t mind”, because it’s not worth anything anymore.
But admittedly I have no Idea how the contracts were drawn up, if this is possible and if his other money would be available to collect on.
The lenders lawyer arrives at the Twitter office:
Lawyer: This is Twitter, is it?
Musk: (with a fake mustache) No, it’s X.
No rich person is actually smart, they are all addicted to money and can’t get help over it. But their moves in the business world are all calculated, this guy is doing exactly what he wants to do and their goal is to make money not to lose them.
Lucky, or in Elmo’s case, born with a platinum spoon in his mouth thanks to daddy’s apartheid emerald mines.
this guy is doing exactly what he wants to do and their goal is to make money not to lose them.
How does this make him money exactly? lol
He is literally just killing off his website.
I should’ve added a smiley face myself, sorry. I thought you were joking.