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That’s the equity. If someone were to buy Twitter for $19b, they would also be assuming $13b of debt, which means Elon thinks Twitter is worth $32b. LOL. It was
by TradingPlaces 3y ago
That’s the equity. If someone were to buy Twitter for $19b, they would also be assuming $13b of debt, which means Elon thinks Twitter is worth $32b. LOL. It wasn’t worth that much when he bought it, which is why he tried to bail.