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MM108: Elon Musk's 'everything app' & the latest US bank earnings

Market Maker

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Musk's Plan to Reduce Non Debt Expenditures by 1.5 Billion in 2023

Musk bought Twitter for 44 billion dollars in October. He has cut the headcount from 7,500 to 1,500 and hopes to turn positive cash flow this quarter. But he is still $13 billion in debt - his shares are worth nothing on that basis.

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