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The bloomberg article provides no source for the claim. It even says neither twitter nor Musk's camp commented. Your second link is paywalled. And the last two

The bloomberg article provides no source for the claim. It even says neither twitter nor Musk's camp commented. Your second link is paywalled. And the last two only mention it as though it is fact but also provide zero sources. I don't care if every news outlet is saying it, where is the source of this? Sadaam also had WMD's according to every news outlet. I know Musk moves quick and frantically sometimes, but it's hard to believe he waived DD. And if he did, why would he be doing any DD now?

shrikant 4y ago
You asked "where did you all read that he agreed to the deal without any due dillegence", and I showed you where. Given that the deal has been agreed upon and the requisite SEC filings are in place, it's reasonable to assume that either the due diligence was fully completed by rockstar 10x financiers in this ridiculously short period of time, or some extreme shortcuts were taken. I tend to lean towards the latter reasoning from some experience in this space, so it's not much of a leap for me to believe the news sources that I linked above, Saddam's non-existent WMDs notwithstanding. > I don't care if every news outlet is saying it, where is the source of this? Some quotes from the FT paywalled link: >> As one person involved in the debt financing explained, the due diligence “was easy. There was none. Not in the classic sense.” >> [Musk's] wealth eased concerns for many lenders, which accelerated due diligence processes at the behest of Morgan Stanley, Musk’s financial adviser and one of the biggest lenders on the deal. > And if he did, why would he be doing any DD now? My speculation is a combination of sticker shock and buyers' remorse.