I’m guessing here, I don’t think Musk, the person, took out the loans, I think xitter did. So if xitter defaults, Musk’s assets aren’t on the line.
Edit for clarity: ‘leveraged buyout with debt reassignment post acquisition’
It’s not the right answer, but all the same, my head said:
Queen bees and Dodo birds
… - I think that checks out.
Wait, they don’t contain tar?