Bernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 2 years agoAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comexternal-linkmessage-square245fedilinkarrow-up11.33Karrow-down146
arrow-up11.28Karrow-down1external-linkAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comBernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 2 years agomessage-square245fedilink
minus-squareJackbyDevlinkfedilinkEnglisharrow-up4·2 years agoYeah, it’s easy to forget but it was a leveraged buyout meaning that a lot (all?) of the debt is Twitter’s, not Elon’s.
Yeah, it’s easy to forget but it was a leveraged buyout meaning that a lot (all?) of the debt is Twitter’s, not Elon’s.