31–40 of 115 posts
Earlier quoted context omitted.
> Since the purchase, Twitter has lost 85% to 90% of its revenues. Source? Is this true?
84% as of August, according to documents obtained by the NYT. https://finance.yahoo.com/news/twitters-revenue-collapses-84...
I wonder who's going to be buying, since they're selling at just a 5% discount. Since the purchase, Twitter has lost 85% to 90% of its revenues. So, I think the discount doesn't factor in just how much value X has lost. And, unless Musk buys back the debt, I don't see any takers lining up. Judging by how much stock Elon had to sell, plus the loans/equity raised for the initial purchase, it feels like an all-round bad…
"$34B is a steep price to kill Twitter, but maybe it's worth it", a somebody wrote back in the day. Apparently it sort of was worth it for Musk, but it cost him, and is going to cost further down the line.
I wonder if Musk will buy the loans.
Why would he toss even more money onto the Twitter bonfire when there’s no need?
I wonder who's going to be buying, since they're selling at just a 5% discount. Since the purchase, Twitter has lost 85% to 90% of its revenues. So, I think the discount doesn't factor in just how much value X has lost. And, unless Musk buys back the debt, I don't see any takers lining up. Judging by how much stock Elon had to sell, plus the loans/equity raised for the initial purchase, it feels like an all-round bad…
These loans have nothing to do with twitters value though. The question is will musk pay the debt off, not whether twitter will become more valuable. Right after the deal was done investors wondered musk might just let the loans default and give twitter to his creditors, but now that it seems so important to him politically he is less likely to do that.
Although that's based on a very distant view of his actions, maybe in private he's 100% on board.
Anyone buying at a 5% discount is torching money
I wonder who's going to be buying, since they're selling at just a 5% discount. Since the purchase, Twitter has lost 85% to 90% of its revenues. So, I think the discount doesn't factor in just how much value X has lost. And, unless Musk buys back the debt, I don't see any takers lining up. Judging by how much stock Elon had to sell, plus the loans/equity raised for the initial purchase, it feels like an all-round bad…
> it feels like an all-round bad decision. Eh, he bought the White House for $40bn. I say that's a very good purchase, given how he can now leverage it to get better deals for his business. E.g. Greenland for resources to make batteries.
* And don't have a link to whatever it was, so take with a cyber truck full of salt!
Earlier quoted context omitted.
Why would he toss even more money onto the Twitter bonfire when there’s no need?
There is a need - Twitter is now an excellent platform for propaganda and manufacturing consent. If Twitter defaults on the loans, my assumption is the creditors take control, and Musk gets a ton of value from being in control of Twitter.
Earlier quoted context omitted.
Why would he toss even more money onto the Twitter bonfire when there’s no need?
Why does he do a lot of the things he does? Ketamine.
I'm assuming wherever he flies, he avoids customs and immigration, and his plane/person never gets searched.
I wonder who's going to be buying, since they're selling at just a 5% discount. Since the purchase, Twitter has lost 85% to 90% of its revenues. So, I think the discount doesn't factor in just how much value X has lost. And, unless Musk buys back the debt, I don't see any takers lining up. Judging by how much stock Elon had to sell, plus the loans/equity raised for the initial purchase, it feels like an all-round bad…
That's it, it's even said in the article. Everyone know that Elon musk in the us government and him being buddy buddy with Trump is like inviting a wolf into a lamb's den.