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Um, This Is ACTUALLY Insane: Will Elon Do It? (Patreon)

Published:
2022-11-16 00:20:34
Imported:
2026-06
Tags:

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Content

Imagine buying back your own debt at 60 cents on the dollar…

Source: https://www.bloomberg.com/news/articles/2022-11-10/twitter-loans-get-bid-at-60-cents-as-banks-sound-out-investors

I love you all,
Steven

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Comments

Jared Richards

If Elon sold enough Tesla shares to buy back all of Twitters debt at 60 cents on the dollar, wouldn't Twitter the company then ow Elon the debt at 100%? Twitter would be paying Elon back personally and Elon could buy his Tesla shares back at the discounted price :)

Duderino

Instead of selling more stocks, Elon could just get Tesla to buy the debt. This would be extremely funny, considering the court case about his compensation package.

Pulsed Media
>>95768410

YES it would be, this would be good business for Elon ... Except $TSLA shares are probably undervalued by more than that right now.