• pingveno@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      ·
      11 months ago

      The way I see it, Musk is only going to provide the investment if it fits into his investment portfolio strategy.

      Well, and sometimes barely even that. He was desperately shuffling around capital trying to pony up when Twitter called him on his overly generous offer to buy the company. He simply didn’t have enough liquid assets to do so.

    • MumboJumbo@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      11 months ago

      Don’t do it! Flood insurance is cheap because it’s subsidized by the US government. Those houses should be demolished.