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The loan is not under his name. He leveraged Twitter and Twitter has to pay back the loan. The interest payments are a billion a year and that's why he's scramb
by aniforprez 4y ago
The loan is not under his name. He leveraged Twitter and Twitter has to pay back the loan. The interest payments are a billion a year and that's why he's scrambling to make Twitter make more money. It's not his own money in any which way
This is Musk worship at another level. Active rejection of facts to make up some story about how he's some great businessman. He bought into a bad deal with no research and now he's scrambling
- MichaelZuo 4y agoSource?
- aniforprez 4y agoI love how you very confidently threw something out with literally zero rhyme or reason and now when someone challenges you, you have the gall to ask for a source. This is the asynchronous amount of effort it takes to deal with the ignorant Banks have financed the buyout through 13 billion dollars of debt financing. There's also billions raised by others with Musk financing about 27 billion in his own cash that he raised by selling Tesla stock[0] [0] https://www.businesstoday.in/latest/trends/story/elon-musks-twitter-takeover-who-is-funding-the-deal-351173-2022-10-29 https://www.businesstoday.in/latest/trends/story/elon-musks-...
- MichaelZuo 4y agoResorting to ad-hominems only lowers the credibility of the user writing them. And the article linked does not list where it got the information from, nor is it a reputable outlet for tech/finance news in the U.S., so it's questionable whether you bothered to actually read the entire article.
- aniforprez 4y agoQuo erat demonstrandum. Speaking to someone ignorant and choosing to remain so is always more trouble than it's worth. Find a source that you're satisfied with yourself. It's not my business and this is public information
- MichaelZuo 4y agoNot providing a credible source, if it's allegedly so easy to find, only further lowers the credibility of the previous claim. I've only been able to find rumours and so on for specific numbers, not anything a major outlet is willing vouch for. If you genuinely don't understand that different sources can have different degrees of trustworthiness then it appears you need to do some self-reflection instead of accusing others of ignorance.