These kinds of things can be self-fulfilling.I've been on Twitter since 2011 and I had never witnessed so many people in my TL planning for the end of the platform. I don't know if all the doom talking will turn out to be true, but the feeling is there.
These kinds of things can be self-fulfilling.
well that Arab guy who had the journalist killed can afford it. its like couch change to him.You really gotta wonder if heads of the major banks and investment firms who leant money to Musk in this ego-driven exercise will lose their heads.
Quite literally he has obliterated billions of dollars of investors money and IMHO very unlikely to get it back.
If you’re Jack Dorsey you’re laughing all the way to the bank… in effect he has been funded to build a competitor to Twitter in Blue Sky AND he has the benefit of all these folks departing twitter owing to the douche-baggery of Musk!
You couldn’t make a fictional film that would sound as far fetched!
well that Arab guy who had the journalist killed can afford it. its like couch change to him.
Well, they already achieved *moral* bankruptcy, so …And now this.
Elon Musk tells Twitter staff that bankruptcy isn’t out of the question: report
Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not out of the question, the Managing Editor of tech newsletter Platf…nypost.com
Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not out of the question, the Managing Editor of tech newsletter Platformer tweeted.
Musk is participating in an all-hands meeting with Twitter employees, a source told Reuters.
Twitter did not immediately reply to an emailed request for comment from Reuters.
Well, they already achieved *moral* bankruptcy, so …
man He took twitter down faster then trump took his Casino down.And now this.
Elon Musk tells Twitter staff that bankruptcy isn’t out of the question: report
Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not out of the question, the Managing Editor of tech newsletter Platf…nypost.com
Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not out of the question, the Managing Editor of tech newsletter Platformer tweeted.
Musk is participating in an all-hands meeting with Twitter employees, a source told Reuters.
Twitter did not immediately reply to an emailed request for comment from Reuters.
I'm wondering what sort of collateral Musk had to put up for his loans? Anybody know? A deed of trust with the Tesla factory as security?
Or did he have the cash?
According to his SEC filings, Musk’s financing plan includes $13 billion in bank loans and $21 billion in cash, likely from selling Tesla shares. It also includes a $12.5 billion margin loan, using his Tesla stock as collateral. Because banks require more of a cushion for high-beta stocks like Tesla, Musk will need to pledge about $65 billion in Tesla shares, or about a quarter of his current total, for the loan, according to the documents.
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