The company making its first interest payment on time is a good sign, or rather it’s better than the alternative. But this initial $300 million doesn’t come close to resolving the immense sum owed.
According to, Twitter will have to pay about $1 billion towards its debt every year in order to keep up with it. Annual interest alone could exceed $1.2 billion, Bloomberg reported on Monday. In contrast, pre-Musk, the company paid somewhere around $100 million in annual interest.
Musk interested? Still not _really_. ;-)
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