Elizabeth Lopatto

Musk drew on the money last October and paid it back, with interest, in November, according to The Wall Street Journal. It’s not clear why he borrowed the money. It’s an awful lot! SpaceX had $4.7 billion in cash and securities on hand at the end of last year, WSJ reports.

In this entertaining excerpt from Zeke Faux’s forthcoming book, we get a glimpse of the crypto Bahamas conference before Sam Bankman-Fried’s fall. Pretty fun stuff! Seems like Michael Lewis was all-in on SBF, among other nuggets here.

Apparently a bunch of Taylors are being badly moderated by Instagram:

There aren’t a lot of surprises here, but there’s a lot more color on the events we all saw: Musk’s capriciousness about the deal, the attempt to recreate the dot-com boom company X, and Musk’s dialogue with Sam Bankman-Fried.