- cross-posted to:
- usa@midwest.social
- cross-posted to:
- usa@midwest.social
Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.
Oh yeah, Twitter probably has a negative value with all the debt Musk loaded onto it to buy the company (it’s crazy that that’s legal).