The firm, which represented Twitter as Musk tried to back out of his deal to buy Twitter, received a $90 million fee for getting the deal over the finish line, according to The New York Times. Elon Musk’s Twitter alleges the payment is “unjust enrichment” and wants the fee to be returned.
Manchild throwing shit at the wall randomly in the hopes one will stick.
Is he scraping the barrel or just short of loose change?
It’ll probably only cost him $1mm to maybe recoup $90mm. He probably thinks the payoff chance is worth the pocket change. The judge really out to hit him with a frivolous lawsuit penalty.
The interest payments on the loans he took out are $1.5 Billion. That’s not accounting for any other costs that Twitter was already on the hook for.
Coincidentally, Musk stopped paying all of the costs that Twitter was on the hook for. Rent, data centers, janitorial service, everything.
And he’s still not going to have enough money from twitter’s operations to make even the basic servicing payment on the loan.
Which is why I still think something else was going on with the Twitter sale. It doesn’t make sense for anyone financially.
Unless you imagine it’s a bank giveaway to Musk, who will count Twitter as a loss carry forward for years to come when it goes bellyup.
I was, and remain, 100% convinced Musk will never pay those loans. The Saudi, etc authoritarians who bankrolled him knew it was a payment to kill Twitter. The west may have forgotten the Arab spring, but they didn’t, and have been scared of Twitter since
What a garbage excuse for a human. And this dude wants to colonize Mars?
He also wants to put a chip inside people’s heads and has received approval from the FDA to conduct tests on humans.
Then he is going to sue people for thinking negatively of him too, yes?
Who in their right minds wants ads uploaded to the brain chip interface? Then we would need add blocker subscription for the chip 🤦♂️
People would have to survive the chip to be able to think negative thoughts about Musk. Because the last batch of monkeys didn’t do too well.
Isn’t that the chip that killed dozens of monkeys?
Yes, that’s the one.
"A total of eight monkeys were euthanized, with two animals killed to gather “important histological data,” one animal killed because of a device failure, another because of another device used called BioGlue, and four because of “suspected device-associated infections.”
Slaverize Mars?
A multi-billionaire accusing others of unjust enrichment. Cynicism is getting out of hand
a multi-billionaaire whose whole career was funded by his father’s apartheid/slave-labour emerald mine, no less.
Forget the pot, this is a lump of charcoal calling the kettle black.
I’d hope he’s doing this because he’s running out of money… but that’s not how capitalism works unfortunately.
Although it may very well be caused by Twitter running out of money, which would be corroborated by Twitter’s lack of payment to various other parties. Giving Musk three options: Use more of his own money, admit defeat and massively scale back Twitter’s functionality and availability, or try to scam money out of other people.
Clearly he’s not willing to spend his own money, or admit failure.
Is this about revenge? This law firm helped the original Twitter management to force Musk to honor his promise to buy Twitter.
