Elon Musk’s Twitter Takeover Seen Swelling the Company’s Debt

Oct 27,2022
KingData News: If Elon Musk completes his $44 billion acquisition of the social-media platform, Twitter will add about $13 billion of debt. Analysts estimate, based on terms previously laid out in documents related to the transaction, that Twitter would be on the hook for annual interest payments of more than $1 billion, compared with some $51 million in 2021. Twitter has posted average annual earnings before interest, taxes, depreciation and amortization of about $700 million over the past five years.
This index provides an up-to-date account of Twitter acquisition proposed by Elon Musk.