Nothing like paying Musk more than what the company is worth, and many times these accounting sheets are hiding all kinds of other shit, like what happens to the business when you take so much money away from it. But he did start the company, and if he doesn't get what he wants he has threatened to bypass everyone and just take what he wants away from the company.
Just like Musk did when he bought all of those chips from NVDA, he diverted those chips to his other companies, I wonder how that was recorded on the ledger books. Accounting, always love those counters, they could divert monies for their own use and still show it was right there on the books. Even sadder that could carry forward losses on books and suddenly declare it as income, or profit, or whatever they needed that quarter to balance the books. Love people who record business numbers, the things they can do to get through an audit.
But then it never really matters until suddenly one day you wake up only to discover that some debt finally came back to take its place.
Then it was time to declare bankruptcy and find a way to get some more money by selling certain assets to a certain party so that they would have first call on them.
Always remember my father having his heart attacks as the New York Central became insolvent, what he saw ion the final years, solid assets walking out the door, while the debt kept piling up. Finally, when there was virtually nothing left, the Pennsylvania Railroad came into salvage what was life of that might company. People who play with numbers on a piece of paper, the things they can do to magically transform any company.
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