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Congrats Fediverse users for having done your part!

“Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even,”
Musk in an email to X employees earlier this month

Elon’s takeover of Twitter is still considered “one of the worst that banks agreed to finance since the 2008 financial crisis”. Banks are trying to resell the debt at around 90 to 95 cents on the dollar

https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1