this post was submitted on 18 Jan 2024
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Racismed (lemmy.world)
submitted 9 months ago by cashews_best_nut@lemmy.world to c/memes@lemmy.ml
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[–] pingveno@lemmy.ml 2 points 9 months ago

The way I see it, Musk is only going to provide the investment if it fits into his investment portfolio strategy.

Well, and sometimes barely even that. He was desperately shuffling around capital trying to pony up when Twitter called him on his overly generous offer to buy the company. He simply didn't have enough liquid assets to do so.