The world’s richest billionaire Elon Musk said he was ready to buy the bankrupt Silicon Valley Bank (SVB). The person in charge of Tesla and SpaceX is not opposed to turning the financial institution into a digital bank.
Min-Liang Tan, CEO of gaming PC maker Razer, tweeted that the social network could buy SVB and turn it into a digital bank.
“I’m open to the idea,” Musk responded to Tan’s post.
There were users who doubted the sincerity of the words of the CEO of Twitter. The owner of the account with the nickname sanssoli, whose description reads “Tesla investor,” responded as follows:
“And sold another $20 billion worth of Tesla stock. No thanks!”
On Friday, news broke of the bankruptcy of Silicon Valley Bank, the 16th largest bank in the United States by capitalization ($200 billion), which financed Silicon Valley startups. At the moment, the organization is closed and transferred to the management of the Deposit Insurance Commission.
Photo: rafapress / Shutterstock
Author:
Ahmed Sadulayev
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
