232
submitted 1 year ago by [email protected] to c/[email protected]
you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 10 points 1 year ago

Shareholders are only beholden to the value of their shares. The offer was simply too good to pass.

Now the muskrat is the only shareholder and apparently he's happier without decorum.

[-] [email protected] 6 points 1 year ago

He's still beholden to the banks that helped fund the purchase and has to make interest payments.

[-] [email protected] 4 points 1 year ago

He can just sell some more TSLA ...

[-] [email protected] 3 points 1 year ago

The banks don't care how much Twitter is specifically worth, just that they get their money from somewhere. They'll happily find Musk burning a company down if they're also confident that he'll be able to pay off his loans from somewhere else

this post was submitted on 14 Jun 2023
232 points (100.0% liked)

Technology

37604 readers
163 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS