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The issue is the $13 Billion loans and estimated $1.3 Billion/year interest payments. I'm sure Elon can wipe those out himself, but it's still a lot of money t
by dragontamer 2y ago
The issue is the $13 Billion loans and estimated $1.3 Billion/year interest payments.
I'm sure Elon can wipe those out himself, but it's still a lot of money that isn't accounted for. Twitter cannot merely float at barely profitability. Twitter needs at least $1.3 Billion/year to counteract interest payments.
- throwaway2037 2y agoElon can either directly pay the loans himself, or lend money to Twitter/X.
- dragontamer 2y agoHe could, but hasn't done so yet. Instead, Elon continues to make decisions like closing Twitters headquarters.