Technology media @TechEmails revealed a conversation between Tesla founder Elon Musk and Morgan Stanley executive Michael Grimes. It turned out that Musk had already suspected FTX exchange founder SBF when he sought to invest in Twitter. asset liquidity. Musk proudly said afterwards: "He activated my radar, which is why I don't think he has 3 billion."
Accurate. He set off my bs detector, which is why I did not think he had $3B.
— Elon Musk (@elonmusk) November 12, 2022
Behind-the-scenes conversations about Musk’s predictions
Michael Grimes, a senior executive at Morgan Stanley, tested Musk's willingness to let SBF participate in Twitter's investment, and said he could invest US$1 billion to US$5 billion. Michael Grimes promoted SBF to Musk, saying that he founded FTX, believed in Musk's vision, and was a major political donor to the Democratic Party. He also said that SBF was interested in building a blockchain-based social network platform. SBF even boasted that as long as Musk likes him, he can immediately invest 5 billion.
Musk doesn’t believe it at all
First of all, Musk said that a blockchain version of Twitter is simply impossible based on bandwidth and delay reasons, unless those nodes are extremely large, but this has no sense of decentralization at all.
Michael Grimes is still reluctant to give up. He said that regardless of blockchain, SBF should still be able to invest US$3 billion. But he also mentioned that billionaire Orlando Bravo (verified by Lianxin News, may be this person) also rejected such a proposal today.
Musk immediately became suspicious and asked, why would Orlando Bravo refuse? Please let me talk to him.
At the same time, he also asked: "Does SBF have $3 billion in liquidity?"
Michael Grimes felt that SBF had the money, and said that he actually said it could reach up to 10 billion U.S. dollars, and he also vigorously praised SBF for its achievements. Finally, Michael Grimes agreed to help arrange a meeting with Orlando Bravo for Musk.
What happened next was what people around the world saw. Binance successfully spent US$500 million as a shareholder. SBF told the community that it was rejected because Musk did not like the blockchain proposal.
Sam Bankman-Fried reaches out to Elon Musk
April 25, 2022 pic.twitter.com/f2VxnGmLLP
— Internal Tech Emails (@TechEmails) November 11, 2022
This article FTX bankruptcy and reorganization | Musk commented on SBF: When he wanted to invest in Twitter, he had an intuition that there was no US$3 billion. It first appeared in Chain News ABMedia.
