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The 43B goes to Twitter's shareholders in exchange for their shares (and financiers who arrange the deal), not Twitter itself.
by karatinversion 4y ago
The 43B goes to Twitter's shareholders in exchange for their shares (and financiers who arrange the deal), not Twitter itself.
- TobyTheDog123 4y agoVery true, that's my bad. Hopefully the rise in valuation, and Elon's involvement, can bring in some more money for the company itself for these kinds of endeavors.
- Sol- 4y agoOn the contrary, Twitter is going to be saddled with some debt that will be used to finance the takeover. But perhaps this doesn't matter to Musk.