ThisisBigBrother.com - UK TV Forums
Page 5 of 5 « First 34 5
Show 40 post(s) from this thread on one page

ThisisBigBrother.com - UK TV Forums (https://www.thisisbigbrother.com/forums/index.php)
-   Serious Debates & News (https://www.thisisbigbrother.com/forums/forumdisplay.php?f=61)
-   -   Elon Musk (https://www.thisisbigbrother.com/forums/showthread.php?t=395142)

Glenn. 29-03-2025 04:13 PM
Like paying off a credit card with a credit card

user104658 29-03-2025 06:00 PM
Quote:
Originally Posted by Ammi (Post 11619469)
…so if the platform isn’t in good financial shape, does it sponge up some of that loss as well by absorbing it into his other company and at a greatly reduced cost of its full worth…?…
It wasn't bought outright for the $44 billion, it was bought with a $44billion loan leveraged against Tesla stock. Tesla stock prices have been plummeting, if they fall much further the lenders could have called in the loan (reposessed X, essentially). By outright buying it "from himself" but via another company, and not leveraging against Tesla stock, he removes that possibility.

user104658 29-03-2025 06:01 PM
Quote:
Originally Posted by Glenn. (Post 11619476)
Like paying off a credit card with a credit card
Basically yes - when card 1 was about to go into default, paying it off with card 2 for a fresh start.

user104658 29-03-2025 06:03 PM
Quote:
Originally Posted by bots (Post 11619475)
realistically, twitter is worth much less than 10 billion in the open market, it could be worth as little as 2 billion
It's worth next to nothing now because its only worth is in ad revenue, and it's become a platform that only really serves a single demographic, meaning it only has advertising worth for certain companies, not broad appeal.

Alf 29-03-2025 09:05 PM
After all these years, they've finally realised that they have nothing on Trump that stands up. So now they're trying their luck with Elon.

Alf 29-03-2025 09:09 PM
Have you ever once considered that he might be the one speaking the truth? Not even once?

Alf 29-03-2025 09:11 PM
Space-man bad

Insert NPC meme here

Ammi 30-03-2025 05:56 AM
Quote:
Originally Posted by Quantum Boy (Post 11619493)
It wasn't bought outright for the $44 billion, it was bought with a $44billion loan leveraged against Tesla stock. Tesla stock prices have been plummeting, if they fall much further the lenders could have called in the loan (reposessed X, essentially). By outright buying it "from himself" but via another company, and not leveraging against Tesla stock, he removes that possibility.
…ahhh I see…and gets to keep his investors, I guess… makes it all a bit more reassuring for them…

bots 30-03-2025 09:59 AM
Musk has the power to give his investors as little or as much as he wants. He is the boss of finance in america now

user104658 30-03-2025 11:58 AM
Quote:
Originally Posted by Alf (Post 11619508)
Have you ever once considered that he might be the one speaking the truth? Not even once?
In one breath: "They are pushing negative propaganda!"

In the next: "...they are EVIL!!"

lol

James 30-03-2025 12:09 PM
The X social media site isn't worth what he paid for it, but the AI stuff could be worth a lot in the future.

Quote:
Originally Posted by Quantum Boy (Post 11619493)
It wasn't bought outright for the $44 billion, it was bought with a $44billion loan leveraged against Tesla stock. Tesla stock prices have been plummeting, if they fall much further the lenders could have called in the loan (reposessed X, essentially). By outright buying it "from himself" but via another company, and not leveraging against Tesla stock, he removes that possibility.
Where does the money come from to pay for X this time? Is that not secured against Tesla?

James 30-03-2025 12:12 PM
Quote:
Originally Posted by James (Post 11619593)
The X social media site isn't worth what he paid for it, but the AI stuff could be worth a lot in the future.



Where does the money come from to pay for X this time? Is that not secured against Tesla?
Okay, I asked the Grok AI lol. The funding for the purchase comes from the substantial investor backing XAI has got in the past.


All times are GMT. The time now is 12:31 AM.
Page 5 of 5 « First 34 5
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.