Bernie Ecclestoned to Technology@lemmy.worldEnglish · 1 year 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-square238fedilinkarrow-up11.37Karrow-down146
arrow-up11.33Karrow-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 to Technology@lemmy.worldEnglish · 1 year agomessage-square238fedilink
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up4·1 year 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.
To make a shitload of money
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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.