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He's going to end up having spent $1bn of his $140bn (in fees, if I understand it right) to have been a major news story for a few weeks. I could see that repre
by petesergeant 4y ago
He's going to end up having spent $1bn of his $140bn (in fees, if I understand it right) to have been a major news story for a few weeks. I could see that representing good value-for-money
- gchadwick 4y agoI don't think Musk is exactly struggling to maintain a big media profile. This story might keep him in the headlines more but it's hardly making him look good. Rather I'd say it seriously damages his reputation as a serious player. He looks more interested in sounding off on twitter and messing around. Following this mess if he approached you with an offer to buy your business how seriously would you want to take him?
- petesergeant 4y ago> if he approached you with an offer to buy your business how seriously would you want to take him Not seriously, HOWEVER, I would now worry about him a lot more as a competitor or enemy as he's shown he's happy to blow what is -- to me -- an unthinkable amount of cash on whimsy and for the lulz.
- sWW26 4y agoHe can't just choose to pay the $1bn to get out of it. It's basically a fine he'd have to pay if he is unable to complete the deal due to his financing falling through or a couple of other extremely unlikely things.