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I mean, he may be finding himself a good reason to repay the Saudis their 44 billion dollars after mismanaging their investment that terribly or he may find him
by BizarroLand 4y ago
I mean, he may be finding himself a good reason to repay the Saudis their 44 billion dollars after mismanaging their investment that terribly or he may find himself having an "accident".
This is no threat, just a very real concern that I have for him. That is not the kind of money you blow.
- brookst 4y agoMy understanding was the Twitter financing was $27B cash from Musk, ~$5B from his pals, and $13B in bank loans. There was something like $500m in Twitter shares owned by a Saudi prince that were transferred to Musk as part of buying in, I think. Where are you seeing $44B of Saudi money?
- deleted 4y ago[deleted]
- rurp 4y agoI believe this is correct. The Saudi's will lose a decent chunk of money on this deal, but hardly an earth shattering amount relative to their overall investments.
- mikeyouse 4y agoThe $5B in pals included the Saudi and Qatari money -- Qatar put in $375M and the Saudis rolled over their stake which is closer to $2 billion (they're the largest shareholder after Elon). https://twitter.com/Alwaleed_Talal/status/1585975226567110656/photo/1 https://twitter.com/Alwaleed_Talal/status/158597522656711065...