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[–] 1 point 5 days ago (10 children)

That's chump change for him. He's a trillionaire. Your millions mean nothing to him.

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  • [–] 4 points 5 days ago

    Hes spent this cash because he wants to avoid the Democrats coming after him and his businesses. Hes been lumping everything under the SpaceX banner because NASA has been forced into depending on SpaceX so they absolutely have to be bailed out, and its a virtual certainty that they will need it. Republican controlled he can get the lot bailed out, Democrat there is a small sliver that they force the split of SpaceX from the crap and just save that.

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  • [–] 4 points 5 days ago (5 children)

    He has a net worth of a trillion, it doesn't mean he has that sort of liquidity all the time.

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  • [–] 2 points 5 days ago (4 children)

    Can't he just pledge his stocks to the bank?

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  • [–] 1 point 5 days ago (3 children)

    Kind of, but his stocks are most likely already leveraged, plus it does incur an interest. Plus, the loan has to actually be paid back in full.

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  • [–] 1 point 3 days ago (2 children)

    Won't he already have money to lose then?

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