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upstart [soylentnews.org] writes:

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upstart [soylentnews.org] writes in with an IRC submission:

Judge approves Faraday Future founder’s personal bankruptcy plan [theverge.com]:

The struggling EV startup says it can now move forward with trying to raise the $850 million it needs to put its luxury SUV into production. Jia owed $3.6 billion to dozens of creditors in China following the collapse of his tech conglomerate, LeEco.

Original Submission