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07-20-2022, 07:27 AM
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Sage
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Join Date: Feb 2016
Posts: 17,518
Thanks: 3,069
Thanked 16,699 Times in 6,602 Posts
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Quote:
Originally Posted by Luggage
Elon musk only put up 5% of the $44 billion, the banks are putting up the rest so he put up about two and a half billion out of his assets, so I would say that's like you or me buying a car for 1,000 down that's worth $45,000, wouldn't you consider that pocket change???
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No, not if he borrowed the money from the banks and needs to pay it back.
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