3 ms·

That’s a lot. I would have guessed way lower!

• sidibe 3y ago
  It's still worth a lot because most people are still on it, so another change of ownership could make it like it was before, i.e. appealing enough to advertisers to be about breakeven. I don't know how long that will continue to be the case if bluesky or something else gets some momentum and actually pulls people off.
  • downWidOutaFite 3y ago
    That's not possible since Elon's leveraged buyout saddled the company with $13billion in debt. The only way out of that hole would be via bankruptcy.
    • Zigurd 3y ago
      I doubt the debt could be renegotiated without the creditors effectively taking control and requiring management changes. To put it another way, bankruptcy would wipe out out equity holders and their control over management.
• News-Dog 3y ago
  >Musk’s investment in Twitter is now worth $8.8 billion, according to the Bloomberg Billionaires Index, which uses Fidelity’s valuation to calculate the value of his holding. New Owners when it hits 10% of purchase price?