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Twitter Blue Blowing Up!


HipKat
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14 hours ago, 212frawk said:

 

 

Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after he saddled it with $13 billion in debt, credit experts say.

Musk tweeted on Friday that Twitter was losing more than $4 million a day, largely because advertisers started fleeing once he took over. 

Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt backing the deal rather than sell it, according to people familiar with the matter, in another blow to a market that serves as a crucial source of corporate funding.

The banks decided to park the debt on their balance sheets to avoid selling it at a loss to bond and loan fund managers, who have grown increasingly skittish amid rising market turmoil, the people said.

Banks would likely face losses of around $500 million or more if they tried to sell Twitter’s debt at current market prices, The Wall Street Journal previously reported. If all the banks hold the debt instead, they can mark it at a higher value on their books on the premise that prices will eventually rebound.

 

 

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But, but, but this is what the MAGA's are celebrating...

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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13 hours ago, micknaboz said:

Here's hoping! 

Why?? Why would you hope a guy who gave us rockets that can return to Earth and be used, saving millions of dollars, is providing global high speed internet to rural areas where people have next to know other choices, and is cornering the market on Electric Cars should be ruined?

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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11 hours ago, f8ta1ity54 said:

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This stuff has been cracking me up for 2 days

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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3 minutes ago, HipKat said:

Why?? Why would you hope a guy who gave us rockets that can return to Earth and be used, saving millions of dollars, is providing global high speed internet to rural areas where people have next to know other choices, and is cornering the market on Electric Cars should be ruined?

If you corner a market you are creating a monopoly.  Monopolies are, y'know, fuckin bad?  And they're even worse in the hands of a piece of shit who runs an extremely racist workplace?  

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11 hours ago, Very Wide Right said:

How interesting, the very libs that mindlessly call conservatives fascists can't stand to see alternative views and are upset that they can't silence others.

Actually, they're upset because Twitter is crashing hard because of the management mistakes he's made.

Settle down a little there Skippy. Go make a Hot Dog or something lol

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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Just now, HipKat said:

Why?? Why would you hope a guy who gave us rockets that can return to Earth and be used, saving millions of dollars, is providing global high speed internet to rural areas where people have next to know other choices, and is cornering the market on Electric Cars should be ruined?

Because he's a Trump loving, right wing POS  and I wouldn't trust the guy as far as I could throw him.

do-you-think-this-republican-would-change-parties-today-full.jpg[/img]
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Just now, micknaboz said:

Because he's a Trump loving, right wing POS  and I wouldn't trust the guy as far as I could throw him.

Pretty sure he's not a Trump lover, but it's pretty fucked up to use political opinions to wish harm on a dude that gives the world the shit we take for granted

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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Share on other sites

Just now, HipKat said:

Pretty sure he's not a Trump lover, but it's pretty fucked up to use political opinions to wish harm on a dude that gives the world the shit we take for granted

But he....doesn't.  At the start of the pandemic he said he gave California hospitals 1000 ventilators.  

In reality, he gave them 1000 CPAP machines.  

A few years ago he pledged to give the UN $6B to fight world hunger if they could give him a detailed plan for how they'd use the money.  They did.  He never sent a dime.

And who can forget the Thailand Cave Rescue?  He tried to give them an absolutely useless and impractical bullshit thing and when they didn't use it he called the guy who ACTUALLY saved the kids a fucking pedophile!

Elon Musk is a blight on the human race.  There are countless better ways his enormous wealth could be distributed amongst the people.  

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