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I wonder if Musk will buy the loans.
by paulproteus 2y ago
I wonder if Musk will buy the loans.
- badgersnake 2y agoWhy would he toss even more money onto the Twitter bonfire when there’s no need?
- covercash 2y agoWhy does he do a lot of the things he does? Ketamine.
- dzhiurgis 2y ago[flagged]
- bloopernova 2y agoI've wondered about that. Like, what are the practicalities? Do billionaires have dealers, or do they use shell companies to buy in bulk? I'm assuming wherever he flies, he avoids customs and immigration, and his plane/person never gets searched.
- Fezzik 2y agoIf he’s using it he probably just has a prescription or a doctor that provides it to him. Ketamine isn’t all that hard to get prescribed and it is, frankly, a pretty mellow drug.
- dkjaudyeqooe 2y ago> a pretty mellow drug Like all drugs, it depends on how much you take.
- nradov 2y agoSpecifically ketamine is only a Schedule III controlled substance. Any physician can prescribe it to any patient and it's available through the normal pharmaceutical system. It's not one of those really dangerous, addictive Schedule I drugs like marijuana. https://www.dea.gov/drug-information/drug-scheduling https://www.dea.gov/drug-information/drug-scheduling
- teractiveodular 2y agoIn developed countries it's not quite that straightforward, but "his" plane will be owned by Totally Not Musk LLC, not Musk himself, so any putative drugs on it are not his problem. In developing countries, anything goes. I've paid $15 for "VIP" clearance in Indonesia, which means I sit in a lounge sipping tea and my passport comes back to me stamped without me ever seeing an immigration official.
- tsol 2y agoKetamine is diverted from official sources, usually where it is produced(India, Denmark are common). It's not worth it to make in a lab given how plentiful it is. Its everywhere, in every city. He probably has a guy that gets it online. You can easily buy ounces on darknet markets. I don't recommend you do this-- I just find it interesting how this stuff is all going on as a second blackmarket economy in absolutely huge quantities.
- ruined 2y agoin 2019, the FDA approved a self-administrated esketamine nasal spray. it's available by prescription.
- hn_throwaway_99 2y agoThere is a need - Twitter is now an excellent platform for propaganda and manufacturing consent. If Twitter defaults on the loans, my assumption is the creditors take control, and Musk gets a ton of value from being in control of Twitter.
- Ekaros 2y agoTo not lose all of it. Musk is shareholders and while shareholders make the decisions(or at least decide who do) they are also last to get any value when things go to receivership.
- dkjaudyeqooe 2y agoBut Musk isn't short of money (in theory), he could buy the debt in the event.
- more_corn 2y agoPlaying devils advocate here: 1) Buy $44B asset with investor money 2) Tank value of asset by 90% 3) Buy debt at 90% discount 4) ??? 5) Profit
- kdmtctl 2y agoGet sued. You described a pure scam scheme. Of course there were underwrites and the usual dilution of responsibility, but even in this case "I wasn't able to predict that I can't handle it" will not work.