ZeroCool@feddit.ch to Technology@lemmy.worldEnglish · 1 year agoAdvertiser exodus expected to deeply impact X ad revenue, analysis indicatestechcrunch.comexternal-linkmessage-square47fedilinkarrow-up1276arrow-down110
arrow-up1266arrow-down1external-linkAdvertiser exodus expected to deeply impact X ad revenue, analysis indicatestechcrunch.comZeroCool@feddit.ch to Technology@lemmy.worldEnglish · 1 year agomessage-square47fedilink
minus-squareremus989@sh.itjust.workslinkfedilinkEnglisharrow-up45·1 year agoI won’t believe this thing can ever die until I see it rotting in the ground.
minus-squaredragontamer@lemmy.worldlinkfedilinkEnglisharrow-up15arrow-down1·1 year ago$13 Billion debt means $1.3 Billion/year interest payments. I’m pretty sure Elon can pay that btw. But I’ll be watching from the sidelines for that shitshow.
minus-squareIlovethebomb@lemm.eelinkfedilinkEnglisharrow-up11arrow-down1·1 year agoDo you really think a company like that would be paying 10% interest?
minus-squaredragontamer@lemmy.worldlinkfedilinkEnglisharrow-up4·edit-21 year agoMy 10% estimate is assuming April 2022 (edit) market, when the deal was signed. It could be as high as 15% depending on circumstances. But yeah, consider the 10% number an underestimate. Rumor is that half the debt was variable and half the debt was fixed. Suggesting about 13% or so interest today.
I won’t believe this thing can ever die until I see it rotting in the ground.
$13 Billion debt means $1.3 Billion/year interest payments.
I’m pretty sure Elon can pay that btw. But I’ll be watching from the sidelines for that shitshow.
Do you really think a company like that would be paying 10% interest?
My 10% estimate is assuming April 2022 (edit) market, when the deal was signed.
It could be as high as 15% depending on circumstances. But yeah, consider the 10% number an underestimate.
Rumor is that half the debt was variable and half the debt was fixed. Suggesting about 13% or so interest today.