• Queen HawlSera@lemm.ee
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    5 days ago

    What’s going to be really funny, is when it becomes worthless.

    See, most of Elon’s money is in Tesla Stock, stock that he manipulated by telling tall tales of colonizing Mars.

    In order to buy Twitter he had to take out a loan for the money and use his Tesla stock as collateral. Now, the thing about that is, the stock is only able to serve this purpose because it’s worth so much. If it wasn’t, then Elon basically defaults on the loan.

    This means he will no longer own Twitter, his bank will.