[minimaxir]

> I’m sure this has nothing to do with the MASSIVE amount of debt Twitter is now in and desperately needing money.

The irony is that even if every current Verified user paid in, it'd still not do much for Twitter's debt.

[MBCook]

I have really enjoyed Twitter. But based on some basic numbers I’ve seen, it wouldn’t surprise me if nothing Elon might do can save Twitter. It just seems doomed in the next few years purely from debt.

He may slow it down a bit. He could easily accelerate it. Companies that far in debt just don’t survive.

[ytpete]

He seems almost certain to accelerate it - Twitter is estimated to now owe over $1 billion per year in debt service payments due to the leveraged buyout: https://www.bloomberg.com/news/articles/2022-10-12/musk-s-tw.... If true they'll almost immediately be in a severe struggle to not fall into default.