Twitter is it’s own entity. Musk is not in debt, Twitter is. And if their coffers are empty they can take more debt, in Twitter’s name. I’m sure a Saudi bank would oblige as long as it’s useful. However Twitter could go bankrupt and Musk would just lose his initial investment, which was a couple of billions max. Saudis, Russians and the Peter Thiels of the world would lose their investments as well, which I’m sure they would see as a small price to pay to kill a platform so inconvenient for them as Twitter was.
Tesla? Last year all tech stocks took a dive. Tesla’s price is based on unicorns and rainbows, so it tracks the tech bubble more than real companies like Ford. Same like OpenAI and others.
Edit: I wrote a different response here, but there’s no point. You refuse to acknowledge basic facts that undercut your whole argument. You don’t understand this situation a fraction as well you think you do. I’m not going to sit here and argue with you about your fantasy version of reality.
Twitter is it’s own entity. Musk is not in debt, Twitter is. And if their coffers are empty they can take more debt, in Twitter’s name. I’m sure a Saudi bank would oblige as long as it’s useful. However Twitter could go bankrupt and Musk would just lose his initial investment, which was a couple of billions max. Saudis, Russians and the Peter Thiels of the world would lose their investments as well, which I’m sure they would see as a small price to pay to kill a platform so inconvenient for them as Twitter was.
Tesla? Last year all tech stocks took a dive. Tesla’s price is based on unicorns and rainbows, so it tracks the tech bubble more than real companies like Ford. Same like OpenAI and others.
Edit: I wrote a different response here, but there’s no point. You refuse to acknowledge basic facts that undercut your whole argument. You don’t understand this situation a fraction as well you think you do. I’m not going to sit here and argue with you about your fantasy version of reality.
/r/iamverysmart