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Twitter To Rebrand As X
(www.theverge.com)
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this post was submitted on 23 Jul 2023
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Technology
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Guys, I’m starting to think this Elon guy isn’t as smart as he claims…
Depends.
If he thinks Twitter is irreperably dying, this may be a way, in which he can get out of repaying the loans he used to (partially) fund the buyout of twitter.
At some point some creditor should be desperate enough to do a margin call, since the loan collateral is next to worthless.