this post was submitted on 16 Jul 2023
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he’s driving twitter towards bankruptcy because it’s his cheapest option out. He never really wanted to buy it! He made comments that got him on a legal hook, and unbelievably, buying twitter was cheaper than fighting, but the purchase of twitter was partially funded by a loan it took out on itself, and some people say that he could stand to profit if he bankrupts the thing, it just can’t appear intentional.
It wasn’t cheaper than paying the contractual penalty, but if he had done that, it would have been his debt and not Twitter's.
Correct. Cheaper in the end