Musk’s Twitter investors have lost billions in value
Musk’s Twitter investors have lost billions in value
Musk bought X with a combination of his own money, bank loans and capital raised from friends and associates. Here’s how far underwater his investors are today.
wonder if the propaganda value is priced in?
They are playing the long game and trying to kill democracy
The strategy:
They could have "killed democracy" for free
"Saudi Prince Alwaleed bin Talal... says he is still happy with his investment." Cool, cool.
you can't kill that which you don't have in the first place
They said on Trashfuture that the banks who financed Musk's Twitter takeover are unable to resell the debt. They are now stuck with a large and essentially worthless asset that is hanging like an albatross around the legs of their portfolios.
This has allegedly already caused some bankers to not get their bonuses.
🎻
Is there a way to oust him you think?
If Musk defaults on his loans, then maybe. Otherwise, since he owns most of the stock and the next largest investor supports him, probably not.