Elon Musk Made an Offer to Buy Twitter, but Users Want him to Buy Sri Lanka Instead
16:42, Saturday, 16 April, 2022
Elon Musk’s offer to purchase Twitter for $43 billion has sparked memes and jokes aplenty, but a section of the Internet was surprised to realise that the whopping sum offered by the world’s richest man could potentially wipe out an entire country’s external debt. Sri Lanka, grappling with its worst economic downturn since independence, faulted on its $51 billion external debt on Tuesday.
The island nation called the move a "last resort" after running out of foreign exchange to import desperately needed goods, news agency AFP reported.
Snapdeal CEO Kunal Bahl was among those who pointed out that Elon Musk’s offer to buy Twitter for $43 billion was at par with Sri Lanka’s debt. ''He can buy it and call himself Ceylon Musk,'' Bahl quipped.