The billionaire had last year tried to back out of his $44 billion offer to buy what was then Twitter, but financed the deal by borrowing $13 billion from a consortium of banks. (…)
Musk may be looking to reduce those payments by ensuring X isn’t worth very much, Bloomberg commentator Matt Levine posited in January.
Look at where the original funding came from and who is pouring money into keeping Xitter afloat. It’s about propaganda published by bots.
https://www.newsweek.com/elon-musks-twitter-takeover-faces-backlash-over-saudi-financing-1755606
https://www.aljazeera.com/economy/2022/10/28/how-elon-musk-financed-his-twitter-takeover
https://fortune.com/2023/09/06/elon-musk-x-what-is-twitter-worth/amp/