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> Ex Twitter folks should hurry up before they have to negotiate with a bankruptcy trustee. This, one hundred times over. Musk has been openly talking about b
by klyrs 4y ago
> Ex Twitter folks should hurry up before they have to negotiate with a bankruptcy trustee.
This, one hundred times over. Musk has been openly talking about bankruptcy. I'm shocked if only one commercial realtor has sued twitter over deliquency. Sue early, sue often, because Musk's wealth is locked behind a corporate veil and twitter just doesn't have that much in saleable assets.
- AlexThrowAway 4y agoSuing someone for delinquency usually requires issuing notice, so we're running down the clock right now. Give it a few weeks. As of the beginning of Q4 Twitter still had a billion in cash that is rapidly shrinking. Musk personally may not have a lot of wealth given that his lifestyle has been funded with loans secured against his Tesla stock, now almost worthless. There's also a lawsuit against his stock based compensation set to begin on 17th Jan, so that will be fun too.
- Rebelgecko 4y agoThis probably crazy, but is it possible that the whole kerfuffle about making it harder to track Elon's jet was just to make it harder to serve him with legal papers?
- danaris 4y agoNah, people who want to serve him papers have plenty of options (including the public information the ElonJet posts were sourced from!). Most likely, he's just (barely?) smart enough to recognize that it's a really bad look for the CEO of an electric car company to be using a private jet all the time.
- tick_tock_tick 4y ago> smart enough to recognize that it's a really bad look for the CEO of an electric car company to be using a private jet all the time. I honestly doubt that has anything to do with his reaction. He's gotten very paranoid over the last year or two I think he's mostly just scared of people stalking him.