Elon Musk Exposes the Hatred of Free Speech

Up In Smoke

Well-Known Member
Musk had to borrow money to make the Twitter offer. SEC filings shows he has 13 billion in bank loans and 21 billion from the sale of Tesla margins. The rest will come from his investor buddies. Because Tesla is such a high-beta stock he was required to sell margin calls worth 65 billion to ensure the 21 billion. Because the margin loans were made when the stock was north of $1000 per share, Musk has already lost nearly 18 billion in collateral value. If those margin loans are exercised he has a chance of losing about 20% of his net worth. He's fighting so hard because this game of chicken could cost him dearly.
 

zubenelgenubi

I'm a star
He waved the do diligence clause in his offer.

Maybe that's what Twitter claims. It's real funny that they were so resistant to him buying, now they are trying to force him to buy. Musk's team is claiming Twitter violated the terms of the merger agreement, not only by not being able to back up their user claims, but by firing certain executives.
 

DriveInDriveOut

Inordinately Right
Now it's time for you guys to turn on Elon and the libs to embrace him again.

Nice try commie.
We don't care what musk's opinion about Trump is, we care that he understands the importance of free speech, something you fascist Democrats hate.
 

newolddude

Well-Known Member
Elon Vs Trump will be a fun feud.

FXgG-gCWYAcCJ0o
 

newolddude

Well-Known Member
Hate to say it, but the old man’s still got his fastball.

I can't stop looking at Musk's way-too-short tie. Did he borrow that from one of his dozen or so children?
 
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