The impoverished billionaire is coming up with all kinds of excuses to back out of buying Twitter, when he could just admit Tesla's stock is plummeting.
of the value of these shares, and as that value sinks, the deal is becoming more costly to Musk by the day.
Now, I am no expert in the stock market, to say the least—it really just sounds like astrology for the most annoying men on LinkedIn. But it seems pretty illogical, if not entirely fucked up, that billionaires can whine about how they shouldn’t be taxed, because none of their money is real and all of it is non-liquid assets, while being able to leverage said non-liquid assets into billions and billions in credit thatAdvertisement
Circling back to Musk’s increasingly desperate, bullshit reasons for backing down from buying Twitter: I get it. He’s embarrassed; he’s trying to save face. I’ve been around a lot of men who have written out checks that their bodies can’t cash, and this situation is, really, not so different.
In any case, for whatever reason , Twitter seems determined to see this deal through. So, if I were Musk, I’d get to firing up the ol’ Go Fund Me.
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