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by dragontamer
947 days ago
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> Personally, I think all three have merits - because otherwise, why didn't the Saudis and other financiers go and pull an Altman on Musk? It's not Musk's personal money he's burning on Twitter, it's to a large degrees other people's money. Of the $46 Billion Twitter deal ($44 equity + $2 debt buyout), it was: * $13 Billion Loans (bank funded) * $33 Billion Equity -- of this, ~$9 Billion was estimated to be investors (including Musk, Saudis, Larry Ellison, etc. etc.) So its about 30% other investors and 70% Elon Musk money. |
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