2 ms·
No it doesn't say that, it says that if his third party funding falls through then he's on the hook for a billion dollars instead of buying the company. There'
by swores 4y ago
No it doesn't say that, it says that if his third party funding falls through then he's on the hook for a billion dollars instead of buying the company.
There's nothing in the contract about a billion dollars fee for any other reason of the sale not going through.
Of course, a judge could choose to take that number as the amount to punish with, but it's not a price Musk can just choose to pay to get out of the deal.