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A comment on Confirmed: Twitter switched temporarily to rate limited mode. Parent comment

Re:Confirmed: Twitter switched temporarily to rate limited mode by mirekrusin on Sunday July 02, 2023 @12:48AM (#36558316)
Twitter trades at $53.79 now.
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Re:Confirmed: Twitter switched temporarily to rate limited mode by 3cats-in-a-coat on Sunday July 02, 2023 @10:11AM (#36561649)
Twitter does not trade right now.
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Re:Confirmed: Twitter switched temporarily to rate limited mode by mirekrusin on Sunday July 02, 2023 @04:35PM (#36565407)
Oh crap, you're right, I'm off the loop.

So he just made it private?

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Re:Confirmed: Twitter switched temporarily to rate limited mode by 3cats-in-a-coat on Monday July 03, 2023 @07:31AM (#36571469)
It's private now, yes. Owned by Musk, Saudi Arabian investors, Jack Dorsey is in with 1 billion (which is now more like 1/3 of a billion) Elon loaned 13 billion of high interest loan from banks, in a leveraged buyout, which means now Twitter owns that debt of 13 billion and paying interest on it of 1 billion a year.

It's a rather dramatic situation.

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