6 sep. 2023

Musk doesn’t own 50% of SpaceX. Wouldn’t it be nice for just about everyone if he was removed because of his mishandling of the Twitter acquisition? Clearly whoever leaked this to the WSJ thinks so.

Ian Betteridge (

Musk borrowed $1bn from SpaceX in the same month he bought Twitter. He drew it down immediately, then paid it all back a month later. For context, that was about 20% of the company’s free cash. This is not normal financial behaviour. Something weird is going on. If he needed the money that fast, where was it going to? And where did he get the money to pay it back?

Want to know when I post new content to my blog? It's a simple as registering for free to an RSS aggregator (Feedly, NewsBlur, Inoreader, …) and adding to your feeds (or if you want to subscribe to all my topics). We don't need newsletters, and we don't need Twitter; RSS still exists.

Legal information: This blog is hosted par OVH, 2 rue Kellermann, 59100 Roubaix, France,

Personal data about this blog's readers are not used nor transmitted to third-parties. Comment authors can request their deletion by e-mail.

All contents © the author or quoted under fair use.