It feels like musk needs this money desperately to pay off some debt he owes to some very unsavory people. As long as he bribes all the right people in sufficient amounts they’ll be happy enough to fold the company and hope for a massive government bailout.
It’s far, far more money than all the people he just laid off because he “had no other choice”
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It feels like musk needs this money desperately to pay off some debt he owes to some very unsavory people. As long as he bribes all the right people in sufficient amounts they’ll be happy enough to fold the company and hope for a massive government bailout.
Is it mostly stock? That would just devalue all the existing shares.
It’s stock, not cash
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Which he can borrow cash against