☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

United States | News & Politics@lemmy.mlEnglish · 1 year ago

Musk’s Twitter investors have lost billions in value

www.washingtonpost.com

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Musk’s Twitter investors have lost billions in value

www.washingtonpost.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to

United States | News & Politics@lemmy.mlEnglish · 1 year ago

Musk bought X with a combination of his own money, bank loans and capital raised from friends and associates. Here’s how far underwater his investors are today.

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Bay_of_Piggies [he/him, comrade/them]@hexbear.net
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1 year ago
Is there a way to oust him you think?
- sovietknuckles [she/her]@hexbear.net
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  1 year ago
  If Musk defaults on his loans, then maybe. Otherwise, since he owns most of the stock and the next largest investor supports him, probably not.