2024-08-22 19:34
Elon Musk’s Twitter takeover is now the worst buyout for banks since the financial crisis. It is backfiring spectacularly, driving away users and advertisers, trapping banks in debt, and even threatening Tesla’s stability.
https://www.wsj.com/tech/elon-musks-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis-3f4272cb