So his site that already doesn’t make money with let subscribers make porn at an astonishing rate of electricity. He has no clue how to run a business.

  • Voroxpete@sh.itjust.works
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    3 months ago

    The net outflows on Twitter cost him about a billion a year. And there’s no golden parachute with Twitter, he’s not a CEO, he’s the sole owner.

    Paying that debt requires him to come up with actual cash money, and Musk’s fortune is entirely in Tesla stock. The more of that stock he sells off to cover his Twitter losses, the more he damages the stock price, which shrinks his remaining fortune.

    So yes, he absolutely does care. Twitter won’t bankrupt him, but it could definitely cause him some serious damage.