@GossiTheDog so locking in $15B loss ($48B - $33B) now, and deferring recognising the rest of the loss to a different set of stock / debt holders.
I guess that’s a “good” exit in the circumstances, apart from the previous stock / debt holders who would presumably now Like A Word Please (tm) about their missing money and how unfortunate it would be if it is not returned.
Perhaps they will teach Elon how to sleep with the fishes