Why Elon Musk's Twitter (Now X) Purchase Is One Of The Worst Deals Ever
One of the worst deals of ALL time. Seven banks loaned Elon Musk money totaling $13 billion in 2022 to help him buy Twitter, now known by the obnoxiously generic name X, and every single one has been unable to offload the debt without incurring “major losses” from the deal, according to the Wall Street Journal.
For the full story: https://gizmodo.com/bankers-have-lost...
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