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.
So he just made it private?