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Elon Musk testified it's ‘easy' to raise money, so where are his Twitter investors?
11 days ago | By The Verge
Illustration by Kristen Radtke / The Verge;
Elon Musk is trying to cut back on costly unsecured loans tied to his $44 billion Twitter purchase by selling $3 billion worth of Twitter shares, according to a report from The Wall Street Journal. But despite what Musk has said recently about his “track record” of raising money, the paper claims investors aren't immediately getting in line to grab the pieces of Twitter he's offering.
Sources tell the WSJ that in December, the billionaire's team sent out emails to potential investors trying to raise $3 billion to pay off “an unsecured portion”...
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Elon Musk thinks Twitter is real life
11 days ago | By The Verge
Laura Normand / The Verge
This should come as no surprise, but Elon Musk doesn't see a downside to being extremely online.
Asked whether his recent tweets - spreading tawdry conspiracy theories about the attack on Nancy Pelosi's husband, embracing COVID misinformation , mocking trans people , making groan-inducing, jokes , and exposing himself as a right-wing troll - has harmed Tesla's brand image, Musk responded with characteristic mocking defiance.
Okay, so I've got 127 million followers and it continues to grow very rapidly
“Let me check my Twitter account,” he said in a Tesla earnings...
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