He did not pay $44B for Twitter. He paid $31B and dumped $13B of interest rate payments on top of the heads of twitter engineers. The interest on those loans amount to $2.74m PER DAY out of the supposed $4m PER DAY that twitter is losing
Imagine you are working at a company and 30% of its capital evaporates overnight. If you are holding onto that capital, or warrants (such as stock options) for that capital, now would be an awesome time to quit, because you were just given a 30% pay cut in your capital compensation (for mid-level engineers this translates to 15% gross pay cut on entire salary package). And your pay cut happened because the founder is super-greedy, stupid, and caustic.
Imagine you are working at a company and 30% of its capital evaporates overnight. If you are holding onto that capital, or warrants (such as stock options) for that capital, now would be an awesome time to quit, because you were just given a 30% pay cut in your capital compensation (for mid-level engineers this translates to 15% gross pay cut on entire salary package). And your pay cut happened because the founder is super-greedy, stupid, and caustic.