3 ms·
You're not allowing for risk and exposure. This is a lot of money, even for Musk. I don't see this deal happening. He can't afford it (without exposing himsel
by LightG 5y ago
You're not allowing for risk and exposure.
This is a lot of money, even for Musk.
I don't see this deal happening. He can't afford it (without exposing himself to unnecessary risk). If it does go through in the ways described here, he's an idiot ... and I don't believe that, despite my personal opinions about him.
- vidarh 5y agoOf course it's a lot of money and a lot of risk, but like him or hate him one thing Musk has consistently showed is that he's willing to take huge risks. This deal likely won't haooen, but due to the poison pill, not due to the risk. But in any case, my point was merely exactly what I wrote: he does not need to raise anywhere near the full amount, because he can utilize the shares he buy as part of the collateral.