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“Twitter’s debt owned by twitter” is indeed the wrong wording, but GP’s point is that twitter is on the hook for paying, and it is unsecured. That being said,
by pgwhalen 4y ago
“Twitter’s debt owned by twitter” is indeed the wrong wording, but GP’s point is that twitter is on the hook for paying, and it is unsecured.
That being said, because the banks are having extraordinary trouble selling the debt, they may work with Elon to make it his personal liability, and secured by TSLA shares.