Theory : Musk destroys Xwitter for reduce his debts to banks (www.businessinsider.com)

submitted 10 months ago by topinambour_rex@lemmy.world to c/enoughmuskspam@lemmy.world

17 comments fedilink hide all child comments

The billionaire had last year tried to back out of his $44 billion offer to buy what was then Twitter, but financed the deal by borrowing $13 billion from a consortium of banks. (...)

Musk may be looking to reduce those payments by ensuring X isn't worth very much, Bloomberg commentator Matt Levine posited in January.

you are viewing a single comment's thread
view the rest of the comments

[-] Semi-Hemi-Demigod@kbin.social 5 points 10 months ago

There’s good evidence that being very wealthy is bad for your mental health

[-] EatYouWell@lemmy.world 1 points 10 months ago

I think it's the other way around. I think you have to have a personality disorder to get to the ultra wealthy point.

this post was submitted on 30 Nov 2023

32 points (78.6% liked)

Enough Musk Spam

2163 readers

90 users here now

For those that have had enough of the Elon Musk worship online.

No flaming, baiting, etc. This community is intended for those opposed to the influx of Elon Musk-related advertising online. Coming here to defend Musk or his companies will not get you banned, but it likely will result in downvotes. Please use the reporting feature if you see a rule violation.

Opinions from all sides of the political spectrum are welcome here. However, we kindly ask that off-topic political discussion be kept to a minimum, so as to focus on the goal of this sub. This community is minimally moderated, so discussion and the power of upvotes/downvotes are allowed, provided lemmy.world rules are not broken.

Post links to instances of obvious Elon Musk fanboy brigading in default subreddits, lemmy/kbin communities/instances, astroturfing from Tesla/SpaceX/etc., or any articles critical of Musk, his ideas, unrealistic promises and timelines, or the working conditions at his companies.

Tesla-specific discussion can be posted here as well as our sister community /c/RealTesla.

founded 1 year ago

MODERATORS

jordanpeterson@lemmy.world

an0nym0us@lemmy.dbzer0.com