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Twitter faces interest expenses of ~$1B/year after taking on ~$13B in debt from Musk's deal, up from ~$50M in 2021 when operations generated cash flow of ~$633M (Lauren Hirsch/New York Times)- Dejkala

by hasibul
October 31, 2022
in Latest update
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Twitter faces interest expenses of ~$1B/year after taking on ~$13B in debt from Musk's deal, up from ~$50M in 2021 when operations generated cash flow of ~$633M (Lauren Hirsch/New York Times)- Dejkala
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Lauren Hirsch / New York Times:

Twitter faces interest expenses of ~$1B/year after taking on ~$13B in debt from Musk’s deal, up from ~$50M in 2021 when operations generated cash flow of ~$633M  —  Mr. Musk faces financial challenges in owning Twitter.  The site frequently loses money and took on $13 billion in debt for the blockbuster deal.




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