His “money” is actually mostly just stock ownership of the overvalued Tesla company and the money to buy Twitter is actually mostly borrowed from banks (secured against the overvalued Tesla stock).
He could have probably gobbled together the 6 billion the UN was asking for ending world hunger, but this 50 billion “purchase” of Twitter is mostly just virtual money that could vaporize over night.
I more mad about M$.
As you said, it’s virtual money here except that M$ has literally the cash in bank. Most of their buyouts - linkedin, github, blizzard… - were made in cash.
$68B of real money for fucking games?
ok, virtual money create debts… so … well both Nadella and Elon are dicks.
His “money” is actually mostly just stock ownership of the overvalued Tesla company and the money to buy Twitter is actually mostly borrowed from banks (secured against the overvalued Tesla stock).
He could have probably gobbled together the 6 billion the UN was asking for ending world hunger, but this 50 billion “purchase” of Twitter is mostly just virtual money that could vaporize over night.
I more mad about M$. As you said, it’s virtual money here except that M$ has literally the cash in bank. Most of their buyouts - linkedin, github, blizzard… - were made in cash.
$68B of real money for fucking games?
ok, virtual money create debts… so … well both Nadella and Elon are dicks.
It’s a 50/50 split between his fund and banks.