this post was submitted on 17 Aug 2023
2583 points (97.4% liked)

Technology

58150 readers
4099 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

It's not just lemmy that's benefiting from Elon Musk.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 year ago

To be fair, Elon doesn’t all have that money in cash. Also, like half of the Twitter buyout was made possible with a loan where he used his a Tesla stocks for like half of the operations as collateral.

Although I agree that he’s far from being broke, this can become a pretty bad financial decision to Elon.