• NotMyOldRedditName@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    11 months ago

    He isn’t overly leveraged on twitter, and it might actually be 0 leverage. He was leveraged and then he sold a shit load of stock so he wouldn’t be and that’s a huge part of what crashed the stock price.

    The only part I’m unclear on is who’s responsible for the 1 billion loan twitter has, twitter, or him.

    But 1 billion isn’t of any concern to him, its too small an amount, and there’s spacex he can get funds from too if he needed it.