2 ms·
So many questions: Is this a deal in writing? Was a contract written that clearly specifies terms? I'm not trying to devalue the agreement if it is verbal. I'm
by Zigurd 3y ago
So many questions: Is this a deal in writing? Was a contract written that clearly specifies terms? I'm not trying to devalue the agreement if it is verbal. I'm curious how secret is this promise, and if vagueness might shift an otherwise unknown liability onto Xitter. Musk's and Xitter's finances have got to be intertwined in a messy way by now. Xitter probably needs loans from Musk to make payments to the LBO lenders. Fidelity, which has an equity stake, may want to know what side agreements other shareholders have and if those deals are compatible with the terms and information provided to them.
Elon has built a house of cards that spans almost all his businesses. Every new detail makes it look sketchier than before.