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	by kasey_junk 1275 days ago
	That’s not true. Most of the debt was leveraged against Twitter, it’s a classic LBO. The investment banks have been attempting to change that to a margin loan against TSLA shares, because of course they are. They are holding effectively unsellable debt now.

1 comments

$13B of debt.

Yeah, $13 billion being the generous side of the very most Twitter was ever actually worth, so that's the all the banks were willing to finance

Musk himself is personally on the hook for $25 billion