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Elon Musk to Acquire Bankrupt Silicon Valley Bank

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American businessman Elon Musk did not rule out the possibility of buying the bankrupt Silicon Valley bank.

Musk tweeted, “I’m open to the idea,” in response to a comment from a user who suggested that Musk buy the bank and convert it to an electronic bank.

Earlier, the news spread about the closure of the well-known SVB bank in California.

Notably, US Treasury Secretary Janet Yellen warned that the problem of default could spell disaster for the US.

Source: RT

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