• gasgiant@lemmy.ml
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    1 day ago

    Didn’t he buy twitter with a loan backed by his Tesla stock?

    If that’s the case and the price is falling enough then the bank could/have called that in. Resulting in the forced sale of his stock.

    Which would be very funny.

    • NutWrench@lemmy.ml
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      1 day ago

      If self-preservation is an instinct these banks possess, they should all be calling in Musks loans right now.

      • piccolo@sh.itjust.works
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        22 hours ago

        The banks bankrolled twitter to create a controlled propaganda outlet and enabled their boy to directly influence the federal government. I think their investment turn out very well for them.

        • h6pw5@sh.itjust.works
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          22 hours ago

          And they’re undoubtably confident a taxpayer bailout would fill any loss that might occur. And it’s unfortunately a solid bet.

    • Zos_Kia@lemmynsfw.com
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      16 hours ago

      Would be epic and funny but the stock is still at a higher price than it was at the time of the Twitter purchase. It would need to dip much lower for this to happen.