That's not true if media reports about the purchase was accurate. The debt financing was only $13 billion: https://www.google.com/search?q=musk+buys+twitter+%22%2413+b...
The more complete funding structure[1] looked like this:
+ $24 billion : Elon Musk personal wealth (e.g. selling some of his TESLA stock to raise money)
+ $7 billion : other equity investors (Saudi Arabia prince, Larry Ellison, etc.)
+ $13 billion: bank loans
The Twitter puchase was mostly Elon's personal money (~54%) and not debt.
[1] https://archive.ph/L6Mhv
So, a handle of individuals can dwarf most countries GPD.
Please pass this on when you see this cheap talking point, thanks.
https://www.nbim.no/
That's not true if media reports about the purchase was accurate. The debt financing was only $13 billion: https://www.google.com/search?q=musk+buys+twitter+%22%2413+b...
The more complete funding structure[1] looked like this:
+ $24 billion : Elon Musk personal wealth (e.g. selling some of his TESLA stock to raise money)
+ $7 billion : other equity investors (Saudi Arabia prince, Larry Ellison, etc.)
+ $13 billion: bank loans
The Twitter puchase was mostly Elon's personal money (~54%) and not debt.
[1] https://archive.ph/L6Mhv