Guess Musk figured out that paying all cash to acquire something was a bad idea.
Sure - why use cash when you can use bits of paper instead?
I'd expect more of the same to come - good way to lock in some of this crazy SpaceX valuation by converting it into something with a bit more inherent worth.
Tesla next?
cash is bits of paper...
Not everywhere ... many countries have polymer banknotes for better security.
In any case not all bits of paper are equal. Monopoly money bills are not worth face value!
They are, its the exchange rate that's the killer.
Sure - why use cash when you can use bits of paper instead?
I'd expect more of the same to come - good way to lock in some of this crazy SpaceX valuation by converting it into something with a bit more inherent worth.
Tesla next?
cash is bits of paper...
Not everywhere ... many countries have polymer banknotes for better security.
In any case not all bits of paper are equal. Monopoly money bills are not worth face value!
They are, its the exchange rate that's the killer.