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4min chapter
Lending Elon Musk Money Was A Very Bad Bet
The Journal.
Banking on Twitter: A Financial Gamble
This chapter explores the financial challenges banks encountered during Elon Musk's acquisition of Twitter, including high interest rates and the platform's uncertain profitability. It highlights the subsequent decline in Twitter's financial health, advertiser losses, and the banks' struggle to offload substantial debt in a volatile market.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode