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Larry Page is on record a few years back saying he'd give his fortune to Musk rather than donate it to charity [0]. I imagine Musk has a handful of billionaire
by imron 8y ago
Larry Page is on record a few years back saying he'd give his fortune to Musk rather than donate it to charity [0].
I imagine Musk has a handful of billionaire friends he could probably hit up for cash. Throw in some money from SpaceX, and he could probably make the buyout price.
0: https://www.businessinsider.com/larry-page-elon-musk-2014-3 https://www.businessinsider.com/larry-page-elon-musk-2014-3
- dragontamer 8y agoThe buyout at $420 would cost around $70 Billion. Maybe a bit less if they leverage things (aka: find another bank who is willing to loan them some money). Larry Page doesn't have $70 Billion in cash. That's the other important part: $420 implies this is a cash buyout. Larry Page has tons of Google shares that he can offer, but that's not cash. ------------ Either someone (most likely a bank and/or international fund) has the $70 Billion that Mr. Musk alleges he has "secured", or Mr. Musk was lying on that tweet. That's really the only two scenarios here. Unfortunately, it will take a very long time for information to come about on this issue.