Twitter is better

[Lipdrag]

1 hour ago, Wrestleknownothing said:

That is earnings BEFORE interest. With $13 billion in new debt and an annual interest charge of a little over $1.2 billion, they really only broke even. The good news is there is enough revenue to service the debt now. There is no doubt that Musk's decision to align himself completely with Trump, including providing massive financing to his campaign (where is @Paul158 with his outcries of buying votes now?) and Trump's very transactional nature, has made it difficult for companies to not do business with Musk.

But the reason the debt is able to move at these prices is because Musk included an xAI equity kicker to get the deal done.

Sounds like a “ Jesus can’t swim” type response.

[Wrestleknownothing]

1 hour ago, Lipdrag said:

Sounds like a “ Jesus can’t swim” type response.

Just realistic. He aint Jesus. He had to give away something very valuable to get this debt sold. Equity in xAi is a very valuable asset.