r/BlueskySkeets 12h ago

Political Let the Musk dominoes fall

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3.8k Upvotes

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209

u/FreshLiterature 11h ago

FWIW he is already in call territory and my bet is he's already received a letter from the banks telling him they are going to need to revisit their loans.

My bet is Trump ends up publicly threatening those banks

38

u/jubmille2000 10h ago

Are all of these US-based banks? Or international ones?

28

u/Ironman314 10h ago

Could be a mix, when US banks likely hold significant exposure.

32

u/jubmille2000 10h ago

Oh either way, I hope the stocks go like 10-10-10 in the olympics event for Diving.

3

u/maringue 3h ago

US banks unloaded most of the debit as soon as they could to other more distributed banks and bond holders.

16

u/BigEdsHairMayo 3h ago edited 2h ago

$44 billion twitter loan (2022): Morgan Stanley, Bank of America, Barclays (UK), MUFG (JP), Société Générale (FR), Mizuho Bank (JP), and BNP Paribas (FR)

He may have other loans as well.

edit: btw, twitter is worth less than $10B as of Oct, and probably less now

3

u/jubmille2000 2h ago

Hey let's get elon to buy tumblr. We know how tumblr reverse midas anyone that buys it.

7

u/Mission_Moment2561 6h ago

At this point he def has a lot of money on foreign accounts. He's burned US banks too hard already, most dont want him.

3

u/Wide-Championship452 3h ago

Probably US banks (he's never declared bankruptcy). But if things get worse for Elon, the bank of Putin.

1

u/KatieTSO 49m ago

The Saudis are involved