Elon Musk reportedly testifies he’s low on cash, financially illiquid

  • Elon Musk testified that he is “financially illiquid,” a lawyer for the British diver Vernon Unsworth wrote in a legal filing, Bloomberg first reported on Wednesday.
  • Unsworth is suing Musk claiming defamation after the Tesla and SpaceX CEO called him a “pedo guy” on Twitter last year.
  • A filing from Monday by Unsworth’s attorney refers to “Musk’s sworn testimony that he is financially illiquid,” according to Bloomberg’s report.
  • Musk is worth about $23.6 billion, though a substantial majority of his wealth is in the form of stock in SpaceX (worth $14.6 billion) and Tesla (worth $8.8 billion), according to Bloomberg.

Elon Musk testified that he is “financially illiquid,” a lawyer for the British diver Vernon Unsworth wrote in a legal filing, Bloomberg’s Dana Hull first reported on Wednesday.

Unsworth is suing Musk claiming defamation after the Tesla and SpaceX CEO called him a “pedo guy” on Twitter last year.

Musk’s tweet followed an interview in which Unsworth, who was involved in last year’s rescue of a youth soccer team and its coach from a cave in Thailand, said the miniature submarine Musk sent to Thailand to help with the rescue would have been ineffective and was merely a publicity stunt.

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Musk later apologized to Unsworth and deleted the tweet.

www.businessinsider.com/elon-musk-testifies-low-on-cash-financially-illiquid-report-2019-10?utm_source=reddit.com

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