As Twitter destroys its brand by renaming itself X, Mastodon user numbers are again soaring | TechCrunch - eviltoast

It’s not just lemmy that’s benefiting from Elon Musk.

  • EliasChao@lemmy.one
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    1 year ago

    To be fair, Elon doesn’t all have that money in cash. Also, like half of the Twitter buyout was made possible with a loan where he used his a Tesla stocks for like half of the operations as collateral.

    Although I agree that he’s far from being broke, this can become a pretty bad financial decision to Elon.