Enterprise value != equity value. This is finance 101 and a bit ridiculous for the deputy editor of <i>The Verge</i> to be fucking up.<p>According to Fidelity, X’s equity is worth ~$10bn. X also has $13bn of debt on which $2bn of losses have been reserved [1]. That implies an enterprise value around $20bn.<p>That Fidelity gives its X stake a positive value implies it doesn’t believe Twitter will have to play by the standard rulebook when it defaults.<p>[1] <a href="https://www.businessinsider.com/elon-musks-lenders-expect-to-lose-2-billion-on-twitter-debt-report-2023-10" rel="nofollow">https://www.businessinsider.com/elon-musks-lenders-expect-to...</a>
1. Is creating a proper twitter alternative that difficult ?
What is google , msft and maybe companies in entire eu (and us) doing ?
2. Is there a chance twitter will be sold ? or a get a government bail out . Twitter's reach is too valuable to let it go bankrupt/ crash .