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3min chapter
Biden Wins the Debt Deal, and AI Extinction
Pivot
Elon Musk's Cut to Twitter's Value
Twitter is worth just one third of its $44 billion purchase price, according to the delity. The real mark on Twitter, Cara, is zero for the equity because they have $13 billion in debt. This is a company, no company in history has gone from five billion in revenue to two billion in about eight months.
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