• Phoenixz@lemmy.ca
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    2 months ago

    Elon Musk will be bankrupt within three years and at this speed, likely jailed as well

    • madcaesar@lemmy.world
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      2 months ago

      You have no idea how much money these fuckers have. He pissed away 40 billion and it literally changed NOTHING in his life. Once you are a billionaire it’s harder to go bankrupt than make more money.

      • Phoenixz@lemmy.ca
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        2 months ago

        Not really

        He had to borrow tonnes of money to make the purchase, he didn’t finance it all himself. The interest alone amounts to about a billion per year, twitter is done for.

        You didn’t see the last interview he did where he half jokingly stated that he supports trump because if Trump doesn’t win, he’ll go to jail? Yeah, I don’t think he was joking

        • madcaesar@lemmy.world
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          2 months ago

          He’s lying. He’ll never go to jail or bankrupt. Those numbers mean nothing when you are a billionaire.

          When you are 100,000$ in debt you are fucked! When you are 1 billion in debt the bank is fucked.