this post was submitted on 01 Dec 2023
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Elon Musk, the owner of X, criticized advertisers with expletives on Wednesday at The New York Times’s DealBook Summit.

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[–] chaosppe 21 points 1 year ago* (last edited 1 year ago) (1 children)

As far as I was aware, he is technically over leveraged as he used telsa stock loan to buy it. He is probably facing a really tough condondrum rn.

[–] NotMyOldRedditName 8 points 1 year ago* (last edited 1 year ago)

He isn't over leveraged, he sold stock to do it and there's a billion dollar loan or something like that.

I don't know if he's on the hook for the loan or if it's entirely twitters.

If he's on the hook he can deal with a billion no problem.