The Journal. cover image

Lending Elon Musk Money Was A Very Bad Bet

The Journal.

CHAPTER

Financial Turmoil Post-Twitter Acquisition

This chapter examines the financial complexities after Elon Musk's Twitter acquisition, focusing on the role of banks and high interest rates in the deal. It highlights the rapid deterioration of Twitter's financial health and the subsequent impact of advertisers pulling back, leading to a critical need for refinancing amid rising challenges.

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