ˈdälfən™🐬 💥 🌊 on Nostr: Do you know that #Musk rolled Twitter (now "X") into #SpaceX over several moves (in ...
Do you know that #Musk rolled Twitter (now "X") into #SpaceX over several moves (in the course of a few years).
Yep. Twitter, which many financial people said was doomed to fail with such a horrible LBO (leveraged buyout). It seemed like an awful deal for Musk, but he did major financial gymnastics because he is the wealthiest person in the world and he can do that.
So now the SpaceX IPO could make him a trillionaire — think about that next time you post on X.
1🧵
https://www.bbc.com/news/articles/cg4pe2953q1oPublished at
2026-05-21 00:40:48 UTCEvent JSON
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"content": "Do you know that #Musk rolled Twitter (now \"X\") into #SpaceX over several moves (in the course of a few years).\n\nYep. Twitter, which many financial people said was doomed to fail with such a horrible LBO (leveraged buyout). It seemed like an awful deal for Musk, but he did major financial gymnastics because he is the wealthiest person in the world and he can do that.\n\nSo now the SpaceX IPO could make him a trillionaire — think about that next time you post on X.\n\n1🧵\n\nhttps://www.bbc.com/news/articles/cg4pe2953q1o",
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