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Musk is thinking about buying a bankrupt SVB bank

by Vaibhav
March 12, 2023
in News
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Musk is thinking about buying a bankrupt SVB bank
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Millionaire Elon Musk has shown that Silicon Valley Bank (SVB) is preparing to take over the bankruptcies of which became the largest in the United States after the 2008 crisis.

The main reason is that the financial system was one of the key creditors for technology start-ups, cash advances in California.

Proce Musk having written on your twitter.

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At the social media, the founder and CEO of the American global gaming developer Razer, Ming-Liang Tang, announced the Mask to transform bankrupt bank into a digital bank.

“I think it’s Twitter’s fault to buy SVB and become a digital bank,” wrote Twitter. On the target, the ruler of Twitter Elon Musk said: “I am open to any idea.”

Context. Elon Musk, who is also the founder of Tesla Inc. i SpaceX, buying $44 billion Twitter to “secure the sanctity of free speech.”

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That after the purchase of the tweeter by Musk, the socialist media put up the fight against propaganda. In addition, the main Twitter advertisers speeded up Spend 42% after the arrival of the Mask.

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