Birdwatch Note Rating
2022-11-06 15:31:23 UTC - HELPFUL
Rated by Participant: FFA96D331A3ED0959A6551B975E5D5241940A00B776F871AB8C478686CAEC724
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