I looked into the details a bit more and put up 70% in cash and only borrowed 30%. that should be an incredibly safe debt level, even if musk overpaid. but it's not: the company probably can't even make those interest payments (which also means, musk can't even afford to loot it - theoretically making it safer). the company already looks highly stressed and Musk's recent actions suggest he's desperate for money
musk cannot afford to make long-term decisions because he must get twitter to generate $1 billion of free cash flow per year, very fast - just to keep up with the interest payments.
theoretically, twitter should not be a highly leveraged company, since theoretically if you're buying it for $44b it should be worth $44b. But it seems twitter's actual value is $13b or less because it can't actually support that level of debt without crashing and burning, and is as a result hilariously overleveraged.
