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Sure. The particular way the assets are seized depends on a number of different technical details. But the end result is always the same. You can either volunt
by throwaway09223 4y ago
Sure. The particular way the assets are seized depends on a number of different technical details.
But the end result is always the same. You can either voluntarily liquidate and pay your judgements or you can have someone else do it for you.
- kortilla 4y agoI’m having it hard taking you seriously given you making such a basic mistake of thinking they could seize spacex property directly. What industry do you work in?
- throwaway09223 4y agoOh give me a break. Property of a privately owned company can be directly seized. I have not done an analysis on exactly which of Musk's private companies are jointly owned, and how the ownership is structured. It's a comment on hn for crying out loud.
- kortilla 4y agoSpaceX is well known to have a bunch of investors. Put a little effort in before explicitly calling out that the government could seize rockets. It’s as silly as saying they could start just taking Model 3s from the Tesla factory to get their money back.
- throwaway09223 4y agoI think you're misunderstanding. It's absolutely possible to seize rockets, or model 3s, etc. That part isn't silly at all. The only question is regarding which entity is liable. If a judgement were entered against SpaceX, for example, then absolutely rockets and real property owned by SpaceX can be directly seized. Without looking, I'm certain there are at least a few companies owned by Musk which could have their assets taken directly.
- kortilla 4y agoWe’re talking about Elon, not spacex. I don’t get how you’re confusing the two so easily. You claimed they can seize spacex property for Elon debt, which is 100% unadulterated bullshit.