alt Hacker NewsIf shareholders have to pay the debt, then the shares will be less valuable, and Musk (whose wealth is measured in shares) will be less wealthy, no?
Replies
saalweachter • yesterday at 6:53 PM
Musk only owns 42% of SpaceX; he only takes 42% of the loss as if he continued to own Twitter outright.
➕ show 1 reply
By a tad. SpaceX's worth is an order of magnitude more than Twitter's debt. I doubt any serious person considering buying shares in SpaceX will spend even a moment worrying about Twitter.