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[–] 10 points 3 years ago (5 children)

How does that get him out of the loans?

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  • [–] 18 points 3 years ago (3 children)

    The lenders lawyer arrives at the Twitter office:

    Lawyer: This is Twitter, is it?

    Musk: (with a fake mustache) No, it's X.

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  • [–] 5 points 3 years ago (2 children)
  • [–] 1 point 3 years ago*

    depends how the loans worked.
    I was assuming his majority shares of X (ex Twitter) collateral.
    And that that he could just go "yeah, go on, collect on your collateral, I don't mind", because it's not worth anything anymore.

    But admittedly I have no Idea how the contracts were drawn up, if this is possible and if his other money would be available to collect on.

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