Mateus DiasJan 25, 2025
Frédéric Jacobs

Congrats Fediverse users for having done your part!

“Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even,”
Musk in an email to X employees earlier this month

Elon’s takeover of Twitter is still considered “one of the worst that banks agreed to finance since the 2008 financial crisis”. Banks are trying to resell the debt at around 90 to 95 cents on the dollar

https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1

Jan 24, 2025 at 8:53pmIvory for iOS
Show threadPaul Chambers🚧Jan 24, 2025
@fj <insert Curb Your Enthusiasm theme>
Show threadBruce Acton 🇨🇦🇨🇦🇨🇦Jan 25, 2025
@fj wow let’s keep working on it. If we get the value down to 10cents on the dollar, maybe we can do a go fund me, buy it out and force him into bankruptcy and make it a left wing site!
Show threadMatthew Jan 25, 2025
@fj Funny how he "didn't care" about people ditching Twitter before, but now he seems to be really bothered. Man, he is pathetic lmao..
Show threadHugo MillsJan 25, 2025
@fj Get to 5¢ on the dollar, and I'll start rejoicing. :)
Show threadmattgJan 25, 2025
@darkling @fj still overpriced
Show threadJeff GriggJan 25, 2025

@mattg @darkling @fj

"Don't worry."
He seems "hell-bent" on eliminating the value of the asset more rapidly.

(But we'll have to see how it and the oligarchy go. 🙄 )

Show threadTarnithJan 25, 2025
Love to see it
Show threadHaralds JakovelsJan 25, 2025
@fj let that sink in
Show threadSlothJan 25, 2025
@fj hell yeah
Show threadEva ChandaJan 25, 2025
@fj
Being the power behind the puppet POTUS he for elected: *PRICELESS*
#ElonMuskIsANazi #LeaveX #ComeToMastodon
Show threadOrca 🌻 | 🎀 | 🪁 | 🏴🏳️‍⚧️Jan 25, 2025

@fj

Banks are trying to resell the debt at around 90 to 95 cents on the dollarThey wish!! 😂

Show threadClaudio Zizza 🦜Jan 25, 2025
@fj Twitter was there before, but this time it's stagnant despite financial efforts. That isn't just thanks to the Fediverse, but people. Lots of people instead of one person.