makes more sense now why musk is trying to sue advertisers into running ads on his shitscape

“Musk's $44B purchase of Twitter Inc. has emerged as the worst buyout since the global financial crisis for 7 large financial institutions that provided debt. [It has] run up about $13B in hung debt, money owed to banks that has not been sold partly because the value of the asset has dropped so sharply due to weak performance….one of the largest hung deals of all time.”

https://www.morningstar.com/news/marketwatch/20240820182/elon-musks-44-billion-twitter-purchase-ranks-as-worst-deal-for-banks-since-the-financial-crisis-wsj