|
|
|
|
|
|
by 3cats-in-a-coat
1083 days ago
|
|
|
It's private now, yes. Owned by Musk, Saudi Arabian investors, Jack Dorsey is in with 1 billion (which is now more like 1/3 of a billion) Elon loaned 13 billion of high interest loan from banks, in a leveraged buyout, which means now Twitter owns that debt of 13 billion and paying interest on it of 1 billion a year. It's a rather dramatic situation. |
|
|