this post was submitted on 15 Jul 2023
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Advertising revenue in Twitter crashes by 50% (lemmy.world)
submitted 2 years ago by ghariksforge to c/technology
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[–] Chocrates 3 points 2 years ago

Elon likely had enough paper wealth to buy Twitter out right. He chose to court outside funding. I am guessing because he won't be on the hook if Twitter goes bankrupt. Still after he sold his Tesla stock his net worth dropped by like 140 billion or something? Such a stupid thing to do, though I am not a money genius and my net worth is negative due to credit card debt