14min chapter

Elon, Inc. cover image

Tesla Regret Doesn't Move Markets, Banks Try to Offload Twitter Debt

Elon, Inc.

CHAPTER

The Complexities of Musk's Twitter Acquisition

This chapter explores Elon Musk's journey to acquiring Twitter for $44 billion, starting from initial concerns about free speech to the financial intricacies involved in the deal. It examines the challenges banks faced in managing debt amid advertising turbulence and fluctuating valuations post-acquisition. The narrative also highlights the evolving business landscape surrounding Musk's media operations and the intertwined fate of financial stability and future investments.

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