On: Musk announces funding secured for Twitter buy

[trappist]

> Also those sales were pretty much required for taxes

His reason - or at least his public justification - for that sale was to deliberately generate a tax liability. If you recall people were getting pretty bent about him not having such a thing, as a zillionaire.

[tonfa → trappist]

Yeah that's the story telling but not the reality, most of the sales were to cover taxes due on option exercise (had to do it in 2021 to avoid a tax regime change that was starting in 2022).

[tekknik → trappist]

> If you recall people were getting pretty bent about him not having such a thing, as a zillionaire.

Some people, a minority, from a particular political bend. the overwhelming majority of americans don’t consider his finances at all