Lmao, I mean, it indisputably was. Objective facts exist. It was a publicly traded company so there is plenty of professional financial analysis available on the subject which you could easily access if you wanted to. Some of it even written at a level you could potentially understand.
Or just continue on wallowing in your own ignorance, whatever.
Yeah there is a reason, the reason is because his dumbass offered more than twice what the company was worth.
Lots of tech companies operate at slightly under profitability. They were doing fine.
Twitter was doing fine financially before Musk bought it. He paid more than twice what it was worth and he used loans to do it, that’s what this is all about.
Cool story. I don’t respect the property claims of those authoritarian regimes, either.
I’d argue it should be the default position.
Why should I respect this elaborate system of property rights that was largely built by and for terrible human beings who actively sought to tyrannize others for their own gain?
How much of the wealth held today can be traced back to morally illegitimate if not outright criminal beginnings?
Evil Dead: The Game. 3k hours in the past year and still my daily goto. Probably the most underrated game of all time.
Here’s a pretty cool site that I think illustrates the original point that they were in decent financial shape
https://www.readyratios.com/sec/TWTR_twitter-inc