Elon Musk took out huge loans to buy Twitter. This may explain acquisition chaos, staff cuts, and blue retail fees

It’s fair to say that Elon Musk has a lot on his plate right now. The world’s richest man took out US$20 billion (more than $30 billion) in loans to buy Twitter – a relatively unprofitable social media website seen by many as a “global city square”. interest Twitter alone is expected to be billed … Read more

Elon Musk took out huge loans to buy Twitter. This may explain acquisition chaos, staff cuts, and blue retail fees

It’s fair to say that Elon Musk has a lot on his plate right now. The world’s richest man took out US$20 billion (more than $30 billion) in loans to buy Twitter – a relatively unprofitable social media website that many viewed as a “global city square”. interest Twitter alone is expected to be billed … Read more