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0 pointsthrowaway092233y ago0 comments

Oh give me a break. Property of a privately owned company can be directly seized.

I have not done an analysis on exactly which of Musk's private companies are jointly owned, and how the ownership is structured. It's a comment on hn for crying out loud.

0 comments

kortilla3y ago

SpaceX is well known to have a bunch of investors. Put a little effort in before explicitly calling out that the government could seize rockets. It’s as silly as saying they could start just taking Model 3s from the Tesla factory to get their money back.

throwaway09223OP3y ago

I think you're misunderstanding. It's absolutely possible to seize rockets, or model 3s, etc. That part isn't silly at all.

The only question is regarding which entity is liable. If a judgement were entered against SpaceX, for example, then absolutely rockets and real property owned by SpaceX can be directly seized.

Without looking, I'm certain there are at least a few companies owned by Musk which could have their assets taken directly.

kortilla3y ago

We’re talking about Elon, not spacex. I don’t get how you’re confusing the two so easily. You claimed they can seize spacex property for Elon debt, which is 100% unadulterated bullshit.

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0 pointsthrowaway092233y ago0 comments

Oh give me a break. Property of a privately owned company can be directly seized.

I have not done an analysis on exactly which of Musk's private companies are jointly owned, and how the ownership is structured. It's a comment on hn for crying out loud.

0 comments

kortilla3y ago

throwaway09223OP3y ago

I think you're misunderstanding. It's absolutely possible to seize rockets, or model 3s, etc. That part isn't silly at all.

The only question is regarding which entity is liable. If a judgement were entered against SpaceX, for example, then absolutely rockets and real property owned by SpaceX can be directly seized.

Without looking, I'm certain there are at least a few companies owned by Musk which could have their assets taken directly.

kortilla3y ago

We’re talking about Elon, not spacex. I don’t get how you’re confusing the two so easily. You claimed they can seize spacex property for Elon debt, which is 100% unadulterated bullshit.

j / k navigate · click thread line to collapse