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Comment on Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value

goatsarah@thegoatery.dyndns.org ⁨10⁩ ⁨months⁩ ago

@Monomate @boem Because he owes the banks a shedload of money which he may have to start paying back if the value drops too much.

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ikidd@lemmy.world ⁨10⁩ ⁨months⁩ ago
Meh, the Saudi’s are covering his losses, that’s the deal.

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- goatsarah@thegoatery.dyndns.org ⁨10⁩ ⁨months⁩ ago
  @ikidd oh yes, those famously fluffy and forgiving people, the Saudis.
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- SendMePhotos@lemmy.world ⁨10⁩ ⁨months⁩ ago
  What do the Saudis gain from this?
  
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  - ikidd@lemmy.world ⁨10⁩ ⁨months⁩ ago
    The end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
    
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