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How Elon bought Twitter with other people's money

Podcast |: The Indicator from Planet Money
Publisher |: NPR
Media Type |: audio
Podknife tags |: Business,; Economics
Categories Via RSS |: Business
Publication Date |: Dec 01, 2022
Episode Duration |: 00:09:29

Elon Musk bought Twitter for $44 billion, but almost a third of it was in loans—and Twitter's on the hook to pay them back. This strategy, popular in the '80s, is called a leveraged buyout.Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy

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