Elon Musk certainly dodged a bullet when it comes to Sam Bankman-Fried. Those paying attention might remember that text messages unearthed in the Twitter litigation showed Bankman-Fried’s adviser suggesting to Musk in March that the FTX founder could easily invest up to $8 billion—and up to $15 billion “with financing”—in a joint Twitter purchase. Talk about a fantasy. Luckily for Musk, he doesn’t appear to have followed up. Having Bankman-Fried as a shareholder in Twitter right now would be great for the news media—combining the Twitter and FTX sagas into one incredible narrative—but certainly not good for Musk.
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