An estimated $4 to $20 billion in value, what is he thinking?

  • FlowVoid@midwest.social
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    1 year ago

    Tesla stock is worth more now than when Twitter went private.

    And if Musk intended to kill Twitter, he would have simply shut down the servers last year.

    What you are seeing is the result of mistakes, not a conspiracy.

    • TWeaK@lemm.ee
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      1 year ago

      I might not have all the details right, it isn’t 100% clear if Musk sold his Tesla shares or underwrote the purchase with them. There is a Reuters article that breaks it down, however I have seen some conflicting reports. The article claims he raised $20bn by selling stocks, then had to raise $2-3bn elsewhere (his existing Twitter stock was worth $4bn).