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The Excruciating Toll of Elon's Stunts
Pivot
What Does This Do to the Advertising Business?
Twitter is not much of a business from a profitability point of view. Advertising has been quote, robust at $5 billion a year. If that's coming down substantially, then he's got $13 billion of debt that is owned by his banks who did not sell that off. So they still own it and they didn't sell it off because they knew if they did sell it off, they were going to have to perfect a 50% loss,. They're going to hold on to the debt for at least into 2023.
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