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Musk leveraged TSLA stock to buy Twitter.
by kansface 1y ago
Musk leveraged TSLA stock to buy Twitter.
- redox99 1y agoElon sold 19B in stock, took a loan for 6.25B, and the rest was other investors. The 6.25B loan, assuming he still has it, is really not an issue considering his net worth. He can add more collateral or sell a bit. In fact TSLA stock is higher now than when he bought Twitter.
- thethimble 1y ago[flagged]
- j16sdiz 1y ago"Net Worth" can be misleading. Wikipedia say Musk has repeatedly described himself as "cash poor" -- most of his worth are not in cash. How much of his net worth are in $TSLA?