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Elon Musk bought Twitter for $44 billion, but almost a third of it was in bank loans. He used a leveraged buyout strategy, which means Twitter, not Musk, is on the hook to pay back the loans.
Notes shared on the platform are displayed in a dedicated short-form feed that looks a lot like Twitter. Once you share a note, it’s essentially like posting a tweet. Each note […] ...
Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates. Here’s how far his investors are underwater. September 1, 2024.