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The financing is already committed, the banks don't have any more right break a contract for convenience than Musk or Twitter do. > If they force him into bank
by rurp 4y ago
The financing is already committed, the banks don't have any more right break a contract for convenience than Musk or Twitter do.
> If they force him into bankruptcy they aren't going to get $44b.
Why not? He appears to still have the non-financed amount well covered by his Tesla, SpaceX, and other assets. Even if markets implode much further they'll still be able to recoup much more than the $1B cost Musk is hoping to get away with.