Will Twitter default on any payments to creditors by the end of 2023?
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Ṁ941resolved Dec 21
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Twitter currently carries something like $13Bln in debt, up from approximately $50mm prior to being acquired by Elon Musk. With about $1bln coming due annually there is a serious possibility that Musk may have to sell Tesla shares just to service the debt. It is possible that Musk could simply default and dare Morgan Stanley to take the company from him and that is the idea that inspired this question. Resolves YES if Twitter fails to make on-time payments to its creditors for any reason before 2024.
This question is managed and resolved by Manifold.
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Twitter is reportedly refusing to pay office rent - https://www.cnbc.com/2022/12/13/twitter-reportedly-hasnt-paid-rent-on-its-office-spaces-for-weeks.html. Does that count?
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