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If it’s an all stock acquisition did it generate any liquidity?
by j4coh 2y ago
If it’s an all stock acquisition did it generate any liquidity?
- Zigurd 2y agoSort of: it put Twitter's LBO debt on X.ai's books. I strongly suspect Elon had been lending X money to cover interest payments. Both X.ai and X are privately held, so specifics will be hard to come by.