> He's got the $40 billion to spare
He really doesn't though, which is part of why I think this is all a big joke. The vast majority of his fortune is tied up in his ownership of several companies. The Tesla shares are the most liquid, but he's already borrowing a lot against them.
Is he really going to sell a large portion of his SpaceX or Tesla ownership to fund a Twitter lark? I doubt it.
No institutional investor is going to commit billions of dollars to an investment that is explicitly not about making money. The only way he raises third party money for the purchase is if those investors understand that Elon is lying.
> Musk isn't worried about losing the money, which means he can act out of principles rather than fear.
Musk talks a lot about pursuing projects out of principle rather than for profit, while his actions have lead to becoming the richest person in the world. Color me jaded, but I don't think one becomes the richest person in the world without trying really hard to make money. Disguising it as magnanimous behavior only helps.
