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Tesla Stock Isn’t Bothered by Musk’s Weekend Twitter Shenanigans. Should It Be?

Por: MarketWatch Business October 31, 2022

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That’s because Twitter is dependent on advertising to pay the bills, including the interest on to pay for the acquisition. Interest expense will balloon to more than $600 million from roughly $60 million paid over the past 12 months after Musk used approximately $13 billion in bank debt to complete his buyout, and Twitter had about $5.5 billion of debt before the deal, for a new, consolidated, total of $18.5 billion. That’s an enormous... + full article



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