Twitter/X Thinkpiece

Elon Musk leveraged his Tesla shares (partly) in a deal to fund his buy-out/take-over of Twitter.

The Tesla shares have nosedived (to a significant degree at least) and this means that the money he had put up as payment or provision for Twitter financials is smaller. Elon Musk will undoubtedly take a personal hit, lose X or it’ll all make a comeback.

I honestly reckon the current service charges for running the platform are definitely partly financed by Tesla share value. Therefore instead of so called hackers attacking X platform - X is probably financially defaulting on service charges. Peak.

lol at Elon!

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I sold my Tesla shares ages ago, fortunately. I actually sold off the majority of my stocks and bonds for the home purchase. THought I needed to be mostly liquid soon. Turns out it may be a couple months.

Its difficult to talk Elon Musk these days without getting into politics…

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