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I see this repeatedly stated, but have never seen it substantiated in detail. How much stock collateralized debt does he have? Is any of it tied to SpaceX? He

• JumpCrisscross 2y ago
  > How much stock collateralized debt does he have? As of 2023 Musk had 238,441,261 "shares pledged as collateral to secure certain personal indebtedness [1]. I have not seen any great reporting around what prices he borrowed at (and thus when his margin calls may come). > Is any of it tied to SpaceX? Not directly. My point is if Tesla goes bankrupt he has to sell something to make good on those loans. (After, presumably, a year of court fights.) If Tesla is under there will be litigation around an xAI disposal. So that basically leaves Twitter and SpaceX, and one of those is more marketable than the other. [1] https://ir.tesla.com/_flysystem/s3/sec/000119312523094075/d451342ddef14a-gen.pdf https://ir.tesla.com/_flysystem/s3/sec/000119312523094075/d4...
  • s1artibartfast 2y ago
    I realize you qualified your statement with words like could and diminish. My point is simply that people shouldn't get too excited about the possibility without real details about his debt or level of diversification. I wish English had better language to distinguish possibility arising from limited observer information about the world versus possibility arising from uncertain future. I'm not saying you did it, but people tend to conflate the two.