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by blueboo 1439 days ago
Is it clear that Elon is more liquid than Twitter? Twitter has several billion in cash. Musk is reported to have only 3b cash. Tesla and SpaceX may need his capital to survive the downturn. They both have an arsenal of options to raise further cash.

I realise Elon is a bigger fish but he is a highly leveraged and constrained one…if anyone has more insight into this dynamic I’d interested to hear it
2 comments
achow 1439 days ago
Twitter cash on hand for the quarter ending March 31, 2022 was $6B

https://www.macrotrends.net/stocks/charts/TWTR/twitter/cash-...

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bsaul 1439 days ago
How is twitter getting so much cash ? Are the ads on twitter earning them that much ?? Or is it cash they got from raising funds ?
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HWR_14 1439 days ago
You can see Elon sold something like $8-$12 billion in TSLA stock in the past few months. Assuming it didn't get spent on SpaceX or somewhere else (it was supposed to be used for the Twitter buyout) he has more cash than Twitter. But that doesn't really matter, at a certain point the amount they spend in legal services will reach such diminishing returns that it's not worth it.
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