2 ms·

> if we just want Twitter as it is Musk explicitly doesn't want that though, because he needs Twitter to earn a lot more money than it currently does.

• shaburn 4y ago
  False. He can pump profits keeping earnings flat by slashing costs. See probably removing 1/3 the cost with this single move.
  • afavour 4y ago
    The maths don't even begin to work out there. He just made Twitter take on $13bn of debt to finance his purchase, the company will owe around $1bn a year in interest payments that it didn't used to. The layoffs announced today probably won't even cover that extra interest.
    • shaburn 4y ago
      That's probably a billion in recurring expense of the worst kind. Debt can be satisfied with an equity issuance in the future post restructure.
  • WoahNoun 4y ago
    That doesn't account for the lost ad revenue due to the rise of controversial content.