
Elon’s $13B Nightmare
The Powers That Be: Daily
00:00
Twitter and Elon Musk - The Wacky, Wild Saga
Twitter's value per second is what a buyer will pay for it. Elon Musk has until October 28 to see if in fact he can do it. The debt portion of this deal, the $13 billion, is 13 times e-baddah. This is an incredibly difficult loan to syndicate and should never have been underwritten at that level.
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