cyrano@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 22 days agoAngry, disappointed users react to Bluesky's upcoming blue check mark verification systemwww.neowin.netexternal-linkmessage-square198fedilinkarrow-up1763arrow-down134
arrow-up1729arrow-down1external-linkAngry, disappointed users react to Bluesky's upcoming blue check mark verification systemwww.neowin.netcyrano@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 22 days agomessage-square198fedilink
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up23·22 days agoOh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan! So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.
minus-squaresem@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up13·21 days agoWait is that what happened? Investors in his AI company are on the hook for Twitter now? The rich really are a vampiric class.
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up12·21 days agoYes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/ For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.
Oh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan!
So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.
Wait is that what happened? Investors in his AI company are on the hook for Twitter now?
The rich really are a vampiric class.
Yes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/
For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.