MUSK A BUST!
Cutting Their Losses
Banks that loaned billionaire Elon Musk a jaw-dropping $13 billion for his ill-advised $44 billion acquisition of Twitter in late 2022 are getting ready to offload billions of debt they accrued as a result, the Wall Street Journal reports.
"Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even,"
- Elon Musk in leaked email to employees
#AureFreePress #News #press #headline #Musk #socialmedia #Fediverse #Twitter #x
Cutting Their Losses
Banks that loaned billionaire Elon Musk a jaw-dropping $13 billion for his ill-advised $44 billion acquisition of Twitter in late 2022 are getting ready to offload billions of debt they accrued as a result, the Wall Street Journal reports.
"Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even,"
- Elon Musk in leaked email to employees
#AureFreePress #News #press #headline #Musk #socialmedia #Fediverse #Twitter #x
