this post was submitted on 10 Mar 2025
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Something that isn’t reported enough is that Elon borrowed heavily against his ownership of Tesla to buy Twitter. It is thought that at around $100 a share he will be margin called which will mean that Elon will have to pay the loan back in cash immediately which will bankrupt him completely and enact the rage of his handlers the Saudis and Putin as they are the ones who drummed up support for the deal in the first place by holding a majority of the non-institutional debt.
Russia does not give a single fuck about their assets getting burned. It happens all the time. It's part of their playbook to make their assets more and more bold.
They got more than their moneys worth in the form of the US crashing and burning like it is now.