The tweet responses from sycophants whenever he tweets some bullshit is soul-crushing. This country is filled with sad idiots without any direction in life except blind faith in charlatans.
Is he calling it "X" because it doesn't have a name yet or is "X" it's actual name...whatever "it" is. Spoiler Nothing. It's nothing.
hah level 2 NegativeZer0 ·7 hr. ago·edited 7 hr. ago 242 Hes also a liar The premium starlink model costs $2,500 per unit. 5,000 devices were delivered to Ukraine. That's $12,500,000 NOT $80,000,000. Further the US govt paid SpaceX $1,500 per device ($7,500,000) and paid an additional $800,000 to cover the delivery costs to Ukraine. So NO Elon/SpaceX didn't lose 80 million dollars. I would go so far as to say they didn't lose $80 fucking dollars. The US paid for the production cost of the units and the delivery of the units. The only thing Elon didn't make is the profit margin ($5,000,000) on this "donation". Even this would be worthy of praise though if Elon wasn't such a pretentious ass hole and a fucking liar - but he cant help himself so FUCK Elon.
Seems like we're heading toward "I want to buy it but I can't get the funds for it." What happens in that scenario?
he and the banks that financed the deal would be forced to stroke a gigantic check for the cash part of the deal (basically, a down payment, if I'm reading this correctly). Then the banks would likely sue Elon.
I don't think apollo would be funding anything...I assume they are sort of coordinating the funding, doing sec filings, etc., and maybe responsible for selling some uncommitted interests if any exist. The very interesting thing will be if they have to get a less reputable shop to run it, things may have a lot of snags. May be more expensive, too
Twitter is going to have their most profitable year ever, entirely due to Musk having to pay (some portion of) a 1 billion penalty.
I mean he can technically pay for it himself so couldn't they just force him to actually spend his own money?
Banks don't get locked in. They always have an out. Circumstances changed from when they agreed in principle to fund the purchase and their commitment, if they made one, won't hold unless they want it to.
Full disclaimer, I hate him. That being said, are we sure he is worth as much as Forbes says he is? I think he is a billionaire but I don't think he is worth as much as everyone says he is. His most profitable company is a fucking car company.
I just looked at the sec filings...none of the other investors are locked in. Must have just been indications of interest, which aren't binding. $7.1 billion worth, if they all bail
Elon: * gets high on rogan's pod * Fanboys: 420! Yolo! Blaze it! Elon: *tweets about doge, talks about it on SNL* Fanboys: Doge! Stonks! Memecoins! Elon: * tweets russian talking points* Fanboys: вы закончили или вы закончили!
thank you for clarifying this for the idiots in the thread who didn’t already understand what was so obvious
We heard that he was trying to renegotiate at one point itt... renegotiate something he'd already agreed to