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Economy

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mahatmakanejeeves

(65,909 posts)
Mon Oct 24, 2022, 09:24 AM Oct 2022

Elon Musk's Twitter Takeover Seen Swelling the Company's Debt [View all]

If Elon Musk completes his $44 billion acquisition of Twitter, the social-media platform will add about $13 billion of debt, adding pressure to grow sales

wsj.com
Elon Musk’s Twitter Takeover Seen Swelling the Company’s Debt
The social-media platform’s annual interest burden will climb to more than $1 billion from $51 million last year, analysts estimate, adding


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