Now is a good time to flood Wikipedia with donations. For the first time in my life, i have just donated to them and will do so again. You can do it too for a minimum of €2, no requirement for recurring donations or any nonsense.

        • The Giant Korean@lemmy.world
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          9 months ago

          Why? They’re either born with the money or make the money, but either way the money has turned them into terrible people.

          • Maven (famous)@lemmy.world
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            9 months ago

            I’d argue that you have to be horrible already to have loads of money. Any reasonably good person would be using their excess wealth for a good cause rather than building ego rockets.

            • The Giant Korean@lemmy.world
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              9 months ago

              Money = power, and power corrupts. I’m sure there are some people who are horrible before they become wealthy, but I think money (and power) has a way of blunting peoples’ empathy.

          • corsicanguppy@lemmy.ca
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            4 months ago

            I’d be willing to take part in an experiment to confirm this hypothesis. I’ll wait for delivery, each day until 3.

    • Phen@lemmy.eco.br
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      9 months ago

      He doesn’t need to pay. Twitter is already worth less than the debt, if he continues to break that company apart there’ll he no reason to even consider paying the debt off.

      • stevehobbes@lemm.ee
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        9 months ago

        That’s not how debt works, he almost certainly pledged assets and a personal guarantee against it. This is known as collateral.

        The banks take the collateral when you stop paying.

        • Phen@lemmy.eco.br
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          9 months ago

          The way I understood it is that he didn’t get a loan to buy the company, but had a bank itself buy Twitter as a loan, so Twitter itself is the collateral. That’s what I did when I bought my apartment: a bank bought it from the constructor and let me live in it while slowly buying it from them over hundreds of installments. If I stopped paying the bank would kick me out and sell the apartment to someone else.

          • stevehobbes@lemm.ee
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            9 months ago

            That isn’t quite right. If you stopped paying the bank would kick you out and sell the apartment to someone else, but if they get less than you owe them for it, they will also send you a bill for the remainder.

            And then sue you to get that money.

            Interestingly, if they get more than you owe them for it, they will cut you a check for the difference.

            But you are actually wrong about how and what the order of operations is.

            You are buying the house, the lender (bank) writes the check directly to the seller, and you sign a mortgage agreement for that much with the bank and they put a lien on your house. The bank does not own the house, you do. The bank owns a promissory note from you, backed by your personal wealth and credit and the value of the house (that they have a lien on).

            In the case of Twitter, yes, Twitter itself is part of the collateral, but so was Elon musks personal wealth and Tesla shares.

  • alienanimals@lemmy.world
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    9 months ago

    Downvote Musk spam.

    The billionaire doesn’t need your help ensuring him and his businesses stay in the 24 hour news cycle. Don’t be a useful idiot.

    • nadram@lemmy.worldOP
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      9 months ago

      Sorry i wasn’t in the loop when we decided to stop talking about the town clown. I guess I’ll stop being an idiot now. Thanks for the advice.

  • rawn@feddit.de
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    9 months ago

    He’s trying to distract from the probe into Tesla’s range. It’s working.

  • ares35@kbin.social
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    9 months ago

    wikipedia foundation’s financials are solid, stable, and healthy.

    how’s twitter doing lately, elon?

  • CanadaPlus@lemmy.sdf.org
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    6 months ago

    I’d actually take that in their shoes. That’s a lot of money, who cares if the English edition gets a silly name.

        • u/unhappy_grapefruit_2@lemmy.world
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          9 months ago

          Are they really tho it just seems to me like you just really don’t like anyone with a differing opinion after a quick glance through your comments I could be wrong dare I say but after looking through your comments it looks like you think anyone remotely right wing is a big nazis facist boogeyman sure there are some people out there with those beliefs but there generally quite small in numbers

            • u/unhappy_grapefruit_2@lemmy.world
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              9 months ago

              Define nazi for me tell me what does the word nazi mean and do this without searching it up I also want you to read my comment again as nothing I’ve said makes me a nazi tankie or any other political extremist

  • FRAnkly@lemmy.world
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    2 months ago

    Because israel controls wikipedia. Wake up sheeples. They say it clearly. Learn about hasbara. Google it hasbara influence on wikipedia.

  • Taco2112@lemmy.world
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    9 months ago

    So he’s offering that money to name it after himself?

    I’m not even clicking on that link, I never click on stuff with that turd’s name on the headline, just wanted to make the joke.

  • Teon@kbin.social
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    9 months ago

    We already have Dickopedia elon, it’s called twitter and YOU paid $44 billion for it.
    ha ha ha ha ha ha ha ha