The Munk Debates Podcast cover image

Friday Focus: Chief Twit – Crypto Carnage

The Munk Debates Podcast

00:00

Tesla's Blue Check Decision Is a Revenue Play

Twitter CEO Elon Musk bought the social media site for $40 billion. He put up a significant amount of collateral in Tesla, which could be compromised if Twitter goes down. Morgan Stanley underwrote $13 billion worth of short-term debt on Twitter that's now selling at discounts of 60 to 70 percent. The signal that I agree, the fragile signal that Twitter emitted through the co-confident noise of the platform is gone.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app