Avatar

SeaOtter

SeaOtter@lemmy.ca
Joined
2 posts • 42 comments
Direct message

Of course! I am mostly browsing All to discover other communities that I haven’t found yet.

permalink
report
parent
reply

Ahh! I finally found how to block it. All is suddenly more useable

permalink
report
parent
reply

He did not borrow 44 billion to buy Twitter.

He put about ~13 billion dollars of debt on Twitter itself, so he had to come up with about 31 billion in equity. He was able to secure third party equity commitments of around 7 billion (Larry Ellison, the Saudis, etc.). He also held a minority interest of about 4 billion in Twitter. He funded the remaining 20 odd billion with a combination of cash (from cash holdings and selling Tesla shares in early 2022) and equity margin loans on his remaining Tesla shares. It is understood that he likely paid off most of his margin loans as he continued to sell further Tesla shares in late 2022.

The 1.5 billion interest expense you mention is just for the bank debt (that the banks still hold, and have been unable to sell), and is Twitter’s responsibility, not Elon’s.

This is a long way of saying that I think the banks will own Twitter within 6-12 months. They will not roll over like landlords, and its far more clear cut for a missed loan payment.

permalink
report
parent
reply

I understand what you are trying to do, and we’re probably of the same mindset. However, in my experience, there is no point reasoning with someone who is purposefully try to stir shit up.

Spending air time trying to convince OP that there are valid abortion scenarios takes away from women who simply do not want to carry a child. There should be no external justification needed: their body, their choice.

permalink
report
parent
reply

You should do this anyway - it funds great original educational content, and is quite good value.

permalink
report
parent
reply

There is a save feature on lemmy :)

permalink
report
parent
reply

Interesting data, but I don’t think it is beautifully presented. Bar charts, or maybe a blown up pie charts may be easier to grasp the scale.

Blobs of the largely same color, dispersed in a random pattern make it hard to quickly see scale

permalink
report
reply