Reading more into how many different positions/departments have quit has me thinking about how Musk can save Twitter. I can’t find how much of his Twitter purchased was leveraged, but he sold $4B as part of it. So assuming at least half of the acquisition was financed, and twitter’s off-market valuation has sunk, revenue is probably tanked, class action suits for severance packages incoming, list goes on. I’m trying to picture how his investors and partners that funded the acquisition are looking at getting their money back. Will Musk have to sell more of his TSLA to fund the losses in Twitter?
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