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by dragontamer 684 days ago
The issue is the $13 Billion loans and estimated $1.3 Billion/year interest payments.

I'm sure Elon can wipe those out himself, but it's still a lot of money that isn't accounted for. Twitter cannot merely float at barely profitability. Twitter needs at least $1.3 Billion/year to counteract interest payments.

1 comments

Elon can either directly pay the loans himself, or lend money to Twitter/X.
He could, but hasn't done so yet.

Instead, Elon continues to make decisions like closing Twitters headquarters.