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by petilon 1315 days ago
My guess is Elon Musk will sell Twitter at a loss within a year.
2 comments

There will be nothing left to sell. If the destruction of Twitter is not intentional, Elon is truly among the most incompetent business owners I can think of.
I wonder what the company is worth on the open market, say at this moment.
Somebody on Twitter estimated that based on how much banks are trying to resell their loans for, it’s worth about $8 billion right now.

Disclaimer: I have no idea what this guy is talking about.

https://twitter.com/bamabonds/status/1590801975339540480

And sell it to who? It's going to have to be seriously discounted because it will cost them years to rebuild what he has already broken.
I'm sure there's a SPAC out there that might want it. And thus the cycle will be complete.
I'm sure you could find a buyer, but the price would be on their terms.
China, Russia, Saudi-Arabia would be first ports of call on my roadshow.