Friday, February 28, 2025

From BBC--2023--

The company has two major outlays. The first is its staffing bill. Musk has cut X to the bone already, laying off thousands.
The second is servicing the loans Musk took out to buy Twitter, totalling about $13bn. Reuters has reported that the company now has to pay $1.2bn or so in interest payments every year.
If the company cannot service the interest on its loans or afford to pay staff then, yes, X really could go bankrupt.
But that would be an extreme scenario that Musk would surely want to avoid.
https://www.bbc.com/news/technology-67599937

The Shape of Water--book and film--

https://www.amazon.com/Shape-Water-Guillermo-del-Toro/dp/1250165350/ref=asc_df_1250165350?mcid=1245f878e1413607bd9e7f839a1da3bb&hvocijid...