this post was submitted on 20 Nov 2023
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Man, Elon speedrunning corporate bankruptcy for Twitter lol.
This whole thing is just a tax write-off.
I've heard this theory before. Just bankrupt it fast, then the debt goes with the company... But the thing is, the loans are on his name. Twitter didn't ask money, and it might have it's own debt for sure, but Elon has a "small county" sized debt to pay and I don't think he can really get rid of it
Others said he would be bailed out by the government. Not sure either of the candidates would agree to that (or the citizens of US)
What government? It certainly won’t be the U.S. government bailing out this fool and his stupid website. Maybe he can go ask MBS or Putin.
Just relying the conspiracies, I'm really not sure how some people think this is him outsmarting everyone
I think the only benefit he will ever get from this is never having to pay income tax again.