Technology

59565 readers

3775 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

2540

As Twitter destroys its brand by renaming itself X, Mastodon user numbers are again soaring | TechCrunch (techcrunch.com)

submitted 1 year ago by Frostwolf@lemmy.world to c/technology@lemmy.world

362 comments fedilink hide all child comments

It's not just lemmy that's benefiting from Elon Musk.

you are viewing a single comment's thread
view the rest of the comments

[–] kaba0@programming.dev 1 points 1 year ago (1 children)

That 44b had to be paid in real cash, not just the current theoretical value of the sum of his shares. He sold quite a lot of Tesla shares afaik to banks to give them a “small loan”.

[–] Vlyn@lemmy.zip 1 points 1 year ago

Lol, "real cash", look it up what he actually did. He took a loan in the name of Twitter, so he didn't even use his own money. Pretty much financing half of the deal with the theoretical value of the company he just bought. And he took in extra money from Saudi investors, it's not all his money.

There was never a 44b "real cash" transaction.