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@btaf45@lemmy.world to United States | News & Politics@midwest.social • 11 months ago

Elon Musk may have to sell billions in Tesla stock to rescue X

fortune.com

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Elon Musk may have to sell billions in Tesla stock to rescue X

fortune.com

@btaf45@lemmy.world to United States | News & Politics@midwest.social • 11 months ago
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  • news@lemmy.world
Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.
  • @Illuminostro@lemmy.world
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    1•11 months ago

    deleted by creator

    • @PyroNeurosis@lemmy.blahaj.zone
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      fedilink
      2•11 months ago

      This, and if he doesn’t keep burning money, What-Was-Once-Twitter’s ebbing audience will ebb faster.

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