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https://www.youtube.com/watch?v=QxCRRcWSt4I
Elon bought himself a bunch of lawsuits.
/via @geniusmusing
#Twitter #Musk #lawsuit #bankruptcy #sec #ftc
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Unanswered: will his lenders go after him for fraud if he files BK? By him making #Twitter fail so badly so quickly, I think they should be able to prove it in civil court.
Also, I wonder whether they made him put up Tesla and / or SpaceX ownership as collateral. If they only relied on Twitter assets, they'll be lucky to get 50% (and I'd guess 20% is more likely, as most of the company's value was as "a going concern").