As of: 2026-10-17 22:10 CEST.
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# Ed Zitron: Anthropic paying 10% on billions of debt on top of $4.4B at 8.5% is 'an insane deal'

Ed Zitron (@edzitron), X, 2026-10-17.
Source: https://x.com/edzitron/status/2111262199872389375

## Why it matters

High-reach (~148k views) critic's reading of the FT report on Anthropic's double-digit yield to Blackstone; cites the $413bn of non-cancellable contracts and the earlier $4.4B at 8.5%.

## Summary

Posted Sat Oct 17 01:05:08 +0000 2026 by Ed Zitron (@edzitron); 147,636 views, 1,102 likes, 143 reposts when read via api.fxtwitter.com on 2026-10-17. Quote-post of JustDario with two FT screenshots and a link to the FT article. Zitron calls Anthropic 'a negative EBITDA company with $413bn in non-cancellable contracts' (his characterisation; not checked here).

## Archived text

> Blackstone losing every dollar on this deal - a negative EBITDA company with $413bn in non-cancellable contracts that has yet to go public taking on - on top of $4.4bn of debt at 8.5% - billions in debt at *10%* - what an insane deal! 
> https://www.ft.com/content/cb4034e1-475f-40b9-a5f9-256e91aacb89?syn-25a6b1a6=1
> 
> > Quoting @DarioCpx: Why Anthropic claims to be worth 2 trillion $ and then behave like a company that is on its way to be worth close to zero? 🤔

Archived 2026-10-17 via fxtwitter (unofficial).
Counts: 148,894 views, 1,107 likes, 143 reposts, 35 replies (at fetch time)
Media: https://pbs.twimg.com/media/HUy1VoGa8AANy_g.jpg?name=orig
Media: https://pbs.twimg.com/media/HUy1fB0aIAA0BcI.jpg?name=orig

## Cited in

- 2026-10-01: [Anthropic prospectus: Broadcom to lend up to $42B toward a $125.2B TPU lease](https://postcutoff.com/e/2026-10-01-broadcom-42b-convertible-loan-anthropic/)