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Musk Has ‘More to Lose’ If He Tries to Skip Twitter Debt Payment

  • Company likely owes about $300 million on its loans next week
  • Musk recently said that Twitter has about $1 billion of cash
Bloomberg business news
Morgan Stanley Won't Wind Up Owning Twitter, Gorman Says

By all accounts — including Elon Musk’s — Twitter has more than enough money to make its first interest payments, expected to total about $300 million.

But with the payment date fast approaching, there’s nevertheless some anxiety over what the impulsive billionaire might do to ease the social-media company’s $12.5 billion debt burden.