{"id":8713,"date":"2023-01-23T09:38:13","date_gmt":"2023-01-23T08:38:13","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/01\/23\/is-elon-musks-twitter-in-too-much-trouble-to-cover-its-debts\/"},"modified":"2023-01-23T09:38:13","modified_gmt":"2023-01-23T08:38:13","slug":"is-elon-musks-twitter-in-too-much-trouble-to-cover-its-debts","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/01\/23\/is-elon-musks-twitter-in-too-much-trouble-to-cover-its-debts\/","title":{"rendered":"Is Elon Musk\u2019s Twitter in too much trouble to cover its debts?"},"content":{"rendered":"

Social media platform faces $300m interest payment this week, and default could trigger debt restructuring \u2013 or bankruptcy<\/p>\n

Elon Musk sold a statue of Twitter\u2019s bird logo last week for $100,000<\/a> \u2013 and he needs the money. The social media platform that he owns reportedly faces an interest payment<\/a> of about $300m (\u00a3242m) on its debt as soon as this week, amid difficult financial conditions for the company.<\/p>\n

Twitter has been a loss-making business, even in the good times, but its problems have worsened since it was bought by the Tesla chief executive less than three months ago<\/a>. Musk himself has raised the spectre of Twitter entering chapter 11 bankruptcy<\/a>, although he has since played that prospect down. How much trouble is Twitter in, months after it was bought by the world\u2019s second richest man?<\/p>\n

Continue reading…<\/a>
\nSocial media platform faces $300m interest payment this week, and default could trigger debt restructuring \u2013 or bankruptcy
\nElon Musk sold a statue of Twitter\u2019s bird logo last week for $100,000 \u2013 and he needs the money. The social media platform that he owns reportedly faces an interest payment of about $300m (\u00a3242m) on its debt as soon as this week, amid difficult financial conditions for the company.
\nTwitter has been a loss-making business, even in the good times, but its problems have worsened since it was bought by the Tesla chief executive less than three months ago. Musk himself has raised the spectre of Twitter entering chapter 11 bankruptcy, although he has since played that prospect down. How much trouble is Twitter in, months after it was bought by the world\u2019s second richest man? Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Social media platform faces $300m interest payment this week, and default could trigger debt restructuring \u2013 or bankruptcy Elon Musk sold a statue of Twitter\u2019s bird logo last week for $100,000 \u2013 and he needs the money. The social media platform that he owns reportedly faces an interest payment of about $300m (\u00a3242m) on its …<\/p>\n

Is Elon Musk\u2019s Twitter in too much trouble to cover its debts?<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":8714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8713"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8713"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8714"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8713"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}