this post was submitted on 03 Dec 2023
350 points (85.4% liked)
Technology
60113 readers
2723 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The first kind of bankruptcy, Elon & his Saudi bros keep the company, and the banks lose like 50-90% of their loans.
The second kind of bankruptcy, the banks get all the servers and office chairs and sell them to either a new data-mining company or a recycler. This isn't very likely, because most of the value of Xitter is all the people who keep visiting, regardless of whether Elon knows how to monetize them.