LogFAQs > #966457224

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Topic	Elon calls it quits on Twitter merger.
Krojen 07/09/22 4:47:45 PM #150:	andel posted... no way he could do that. all his money is in stock, he doesn't have billions of dollars in liquidity. the original deal was structured around him getting loans against tesla shares The deal was structured around loans against Tesla shares because he didn't want to sell them for many reasons. He has over 10B in cash now. Just one of many options would be selling some of his SpaceX equity which would easily cover the rest. --- http://i.imgur.com/hI4hAMb.jpg <cite>Krojen posted [p:966457224] in Elon calls... [t:80087459]...</cite> <quote>andel posted... </cite> <quote>no way he could do that. all his money is in stock, he doesn't have billions of dollars in liquidity. the original deal was structured around him getting loans against tesla shares</quote>The deal was structured around loans against Tesla shares because he didn't want to sell them for many reasons. He has over 10B in cash now. Just one of many options would be selling some of his SpaceX equity which would easily cover the rest. --- http://i.imgur.com/hI4hAMb.jpg</quote> ... Copied to Clipboard!
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