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- cross-posted to:
- news
- business
- [email protected]
“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
your first sentence explains he is not in it for money, if money were the concern, eating the 1b fine would be logical thing to do (i am not fact checking that 1b piece of information, i trust you on this).
that’s how it works, no one has 270 billion in cash
that doesn’t make sense, destroying twitter doesn’t absolve him of obligation to return money he borrowed.
This is just conjecture though. I do think he originally did not intend to buy Twitter. I do think he was essentially forced to buy it. I know from news articles around the time of the sale that he gave significant pushback when relevant parties forced the issue. Things may very well have changed after he became the owner (and what deals he made to be able to afford it may never be known).
he was, but it doesn’t contradict what i said. if he had a way to back out of his stupid bragging offer for 1b, and all he cared about was money, the reasonable thing would be to pay the fine, instead of paying 44 billion for something that doesn’t generate profit.