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FIRSTFREED0CELL t1_iupuiy4 wrote

Reply to comment by lego_office_worker in Twitter Users Flock to Other Platforms as the Elon Era Begins by Khalifa_Nomi

He has to do something, if the NYTimes is right, he has $1B/year in interest payments for the loans to buy Twitter, and Twitter's total income last year was $630m.

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hdksjabsjs t1_iur0gjn wrote

Wait he BORROWED the money to buy it? So he doesn’t actually own it then

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Andrethegreengiant3 t1_iur2esp wrote

Of course he borrowed the money, he couldn't sell that many shares without cratering his stock even if he wanted to buy it outright

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