Birdwatch Note Rating
2022-11-05 07:01:39 UTC - NOT_HELPFUL
Rated by Participant: 916A6AFD5C3EC0B1D79CEA8BD373F4E44E3E6BFFF2FF84614F04F7D95CCF1E45
Participant Details
Original Note:
Twitter itself isn’t losing $4M/day: That figure largely comes from the $1 billion a year Musk owes to service the debt he took on to buy the company. Had the company not changed hands, the debt, interest, and much of the $4M/day ‘loss’ wouldn’t exist. https://www.smh.com.au/business/markets/elon-musk-has-made-an-awful-deal-for-twitter-but-he-is-not-the-only-one-facing-massive-losses-20221027-p5btc3.html https://www.wsj.com/articles/elon-musks-buyout-will-load-twitter-with-debt-high-leverage-ratio-11651007981
All Note Details