comment: >
  
  "A collection of several banks — including Morgan Stanley, Bank of America and Barclays — have lent Musk more than a quarter of the funding, or $13 billion. After a boom of dealmaking in 2021, coming off the uncertainty of the pandemic, Musk’s buyout presented an enticing opportunity.
  "This intimidating debt load and Musk’s optimistic revenue projections present daunting math for the company. Musk’s platform would need to charge $44 a month to recoup the advertising value generated by the top segment of U.S. power users if it relied only on subscriptions, according to an internal document reviewed by The Washington Post.
  "What they get: While these banks won’t hold the same type of sway over Twitter, they are a powerful weight on the billionaire, who will owe roughly $1 billion in interest a year. Musk has also at times last year put more than half of his Tesla shares down as collateral on loans, according to financial filings, worth tens of billions of dollars. But Tesla has slumped roughly 65 percent this year, highlighting both the risks facing tech companies in a downtrodden market and the danger of loading a slow-growth company like Twitter with too much debt. The banks helping to finance his Twitter deal would play a huge role if the company ever goes under."
  Musk basically sucked the oxygen out of the commercial debt market.
context: The Legion of Doom >
  
  Let us hope now, the Legion of the Doomed. >
  
  
  As part of the deal, anyone who invested $250 million or more gets special access to confidential company information. But giving that privilege to foreign investors is raising flags with Biden and U.S. officials. Of particular interest is whether that includes access to personal data about Twitter’s users since several of the entities are entwined with governments that have a history of cracking down on dissidents on Twitter and other online platforms.
  
  A handful of billionaires and the governments of Qatar, China, and Saudi Arabia probably have all of your Twitter data. Potentially right down to access to your DMs. >
  
  Why do you think Legal and Safety were gutted? >
  
  Oh Elon. 
  Had 44 Billion Dollars to spend. 
  Looks about the world around him. 
  Decides the best use of this money is elevate the voice of Nazis. >
  
  How come twitter has not been banned from government employees?