It’s definitely not true. Elon way overpaid for Twitter and even tried to back out. Twitter was also in poor financial shape and it was losing money. Frankly after this many years I couldn’t see it as a growth stock.
Twitter was losing $200 million/year in 2021 IIRC.
Taking a $13 Billion loan and therefore being charged $1.3 Billion/year in interest payments means its going down the Xitter faster than ever before. The amount of loan-payments Twitter had to make this year alone dwarfs the losses Twitter had over the past decade.
