HAWTHORNE — SpaceX's value evaporated Tuesday after lenders discovered the company's loan collateral was solely Elon Musk's active X Premium subscription. Investors panicked confirming the $8 monthly service backed $600 billion in debt. "We assumed the checkmark represented sovereign wealth," said investor Greg Halloway. "Turns out it just means he pays for blue ticks."
⚠️ Satirical article. Expert quotes are fictional.
SpaceX Valuation Collapses After Collateral Revealed To Be Musk's X Premium Subscription
Expert Weighs In
“We assumed the checkmark represented sovereign wealth. Turns out it just means he pays for blue ticks.”
⚠️ Satirical article. Expert quotes are fictional.
