this post was submitted on 05 Apr 2025
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[–] GreyEyedGhost@lemmy.ca 8 points 2 days ago (2 children)

How is this affected by him selling X to his AI company? I know banks don't like letting you off the hook, but I also know banks do things differently for rich people. I figured that was the reason he did it in the first place.

[–] mxcory@lemmy.blahaj.zone 4 points 2 days ago

This is something I was curious about. I figured there was some kind of financial trickery happening with that deal.

[–] baldingpudenda@lemmy.world 3 points 2 days ago

according to Reuters , he sold it for 33 billion with 12 billion in debt. So 45 billion total, which is conveniently 1 billion more than what he paid originally. It also says that the banks that lent him 13 billion were finally able to sell. I wonder if the Saudis bought it.