Elon is on a knife edge. On one side is accumulating too many liabilities so that the LBO lenders would have to force liquidation to get anything back. On the o

Elon is on a knife edge. On one side is accumulating too many liabilities so that the LBO lenders would have to force liquidation to get anything back. On the other side is a raise that would have to be at a staggeringly lower valuation. I would bet that X already has some hidden debt to Elon and that finances are maximally opaque. Maybe a regulator should ask the creditors how solid are their loans. If Elon is allowed to shannan now he will shannan again.