Although Elon Musk hasn’t given much detail about how it will fully finance the purchase of Twitter Inc.the exorbitant amount that it will pay for the social network represents much more than the federal spending assigned to one of the most emblematic works of our Government: the Felipe Ángeles International Airport (AIFA), as well as to the economies of entire countries.
Digital platforms are so important in user interaction that they have become one of the most expensive investment goods. Twitter cost 44 billion dollars, being one of the largest purchases of Social Media; WhatsApp was acquired for 14.8 billion dollars; and Instagram cost what is now Meta a billion dollars.
And it is that the richest man in the world announced his acquisition through an agreement with the board of directors of Twitter that did not reveal how the capital part of 21 billion dollars of the transaction would be covered, considering that Musk would contribute 13 billion in financing. bank guaranteed by the company and about $12.5 billion backed by a pledge backed by part of its stake in Tesla Inc.
What is the equivalent of the 44 billion paid by Twitter?
The sum offered by Elon Musk to “open free speech” is as large as some federal exercises and national economies; for example, the 44 billion dollars (almost 898 thousand 616.40 million pesos) invested in Twitter are below the income received by Mexico in remittances in 2021of 51.5 billion dollars; and above the accumulated in 2020of 41 billion dollars.
Also, the value of Twitter is equivalent to 10 times what is intended for the construction of the Felipe Angeles International Airport (AIFA), calculated at 85 billion pesos; also enough to cover more than four times the cost of the Dos Boca Refinerys, of 9 thousand 800 million dollars; and approaches the value of the economies of Baja California, Chihuahua and Coahuila, each estimated at about 900 billion pesos.
Elon Musk’s 44 billion dollars also double the resources that Mexico received for the sale of agricultural products abroad, of 20 billion dollars and more, according to data from the inegiincome from oil exports, 29 billion.
Elon Musk paid the equivalent of the wealth of entire nations
The richest tycoon in the world made a millionaire purchase that is equivalent to the total economy of countries such as Venezuela, Bolivia or Paraguay.
According to the Gross Domestic Product (GDP) estimated by the International Monetary Fund (IMF) Venezuela has a population of around 28 million people, with a wealth value of 47 billion dollars as of 2021.
For its part, Bolivia has 12 million inhabitants and a circular economy of 40 billion dollars; and Paraguay is around 38 billion dollars with 7 million people.
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