Tech
Twitter faces ~$1 billion a year in interest expenses after Elon Musk’s deal adds ~$13 billion in debt, up from ~$50 million in 2021 as operations generate flows money ~$633 million (Lauren Hirsch / New York Times)
Lauren Hirsch / New York Times:
Twitter faces ~$1 billion a year in interest expenses after Elon Musk’s deal adds ~$13 billion in debt, up from ~$50 million in 2021 as operations generate ~633 million dollars in cash flowMr. Musk faces financial challenges in owning Twitter. This website regularly loses money and incurs a debt of 13 billion USD for the blockbuster deal.
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