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23 days agoThe money doesn’t have to be real for Elon to be able to use his stock as collateral for billion dollar loans. So he in fact has real money, that banks gave him, and that he will never pay back.


The money doesn’t have to be real for Elon to be able to use his stock as collateral for billion dollar loans. So he in fact has real money, that banks gave him, and that he will never pay back.


Well, don’t use your private phone for work related stuff.


I think Firefox does that just as well, and also allows you to edit them.


Frankfurt Oder or Frankfurt Main?
It will only restrict his ability to get new loans, and make his collaterals worthless. But he probably spent most of the money they gave him, and like with twitter, he shifted the assets around in his network of companies, like a thimblerigger.
But that’s kind of like saying that inflation will make the rich poor, which is also not true.