Musk lets in possibility of buying bankrupt Silicon Valley Bank

US businessman and billionaire Elon Musk has posted a twit
assuming the possibility of buying the bankrupt Silicon Valley Bank
(SVB), Trend
reports citing TASS.

“I think Twitter should buy SVB and become a digital bank,” one
of the users tweeted. “I’m open to the idea,” Musk replied in a

On Friday, the California Department of Financial Protection
announced the bankruptcy of SVB, one of the largest banks in the
United States. This became the largest bankruptcy of a US bank
since times of the 2008 financial crisis, CNN TV Channel said

The Federal Deposit Insurance Corporation was appointed as the
receiver for Silicon Valley Bank.

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