Mataresian@lemmy.dbzer0.comtoNews@lemmy.world•Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis
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3 months agoXitter may have taken in more loans after Elon’s take over. But a company can’t borrow money to buy itself. So yea his assets are very much on the line. I wonder what deal he struck with the Saudi lenders.
Whether they directly pass the costs or indirectly, these are still costs made by the seller. In other words either the costs are passed on by the credit card customers or simply all customers. Somebody has to pay for the costs and in the end the seller has to make some profit to survive.