Depends how he spins it and how much he will be able to control narrative.
I guess he will use something like - Twitter was broken before I got in and I could not save it anymore.
Being Elon, I would be more worried about the fact that Saudi's are supposed to be as one of the investors in Twitter and they already have trace of killing people. If Elon won't be able to spin the story as somebody's else problem and instead of it will be presented as his managing failure, well could be interesting.
That is not how the Saudis work. Losing mere money is a cost of doing business. It's losing face that matters. That's why they murdered Kashoggi. They're probably already being handed the DMs of critical people who they are going to be able to quietly murder without any outrage.
I mean, he may be finding himself a good reason to repay the Saudis their 44 billion dollars after mismanaging their investment that terribly or he may find himself having an "accident".
This is no threat, just a very real concern that I have for him. That is not the kind of money you blow.
My understanding was the Twitter financing was $27B cash from Musk, ~$5B from his pals, and $13B in bank loans. There was something like $500m in Twitter shares owned by a Saudi prince that were transferred to Musk as part of buying in, I think.
The $5B in pals included the Saudi and Qatari money -- Qatar put in $375M and the Saudis rolled over their stake which is closer to $2 billion (they're the largest shareholder after Elon).
I believe this is correct. The Saudi's will lose a decent chunk of money on this deal, but hardly an earth shattering amount relative to their overall investments.
I guess he will use something like - Twitter was broken before I got in and I could not save it anymore.
Being Elon, I would be more worried about the fact that Saudi's are supposed to be as one of the investors in Twitter and they already have trace of killing people. If Elon won't be able to spin the story as somebody's else problem and instead of it will be presented as his managing failure, well could be interesting.