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As a private company, Musk can also set his own management fees / owner compensation / call it what ever 1) Pay $1B fine to Twitter 2) Buy cheaper 3) Get a $
by shmatt 4y ago
As a private company, Musk can also set his own management fees / owner compensation / call it what ever
1) Pay $1B fine to Twitter
2) Buy cheaper
3) Get a $1B chairman first year bonus from Twitter
He'll probably find a way to write it off on taxes as well
- closedloop129 4y agoThe $1B are lost in (2). He will have to pay about $1B more if he has to pay the fee to twitter because then the company is worth $1B more. It's not $1B exactly because he already owns some shares so he doesn't have to pay extra for those.
- remram 4y agoThe fact that it goes to a company he later acquires makes it seem like an obvious move. Is it?