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Old 19-12-2022, 09:37   #329
Mick
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Re: [Updated] Elon Musk $44 Billion Twitter deal back on

Quote:
Originally Posted by 1andrew1 View Post
Interesting to see that Twitter is now trying to raise more money.


There are two schools of thought on what the money is for:

https://www.ft.com/content/bb047c8f-...b-50d0494c8c48

It's also interesting to note Musk's share sales in Tesla. In April, he said he would not sell more stock in the company. This week, he sold $3.6bn in Tesla.
https://www.bbc.com/news/business-63981767

I think Musk is learning what Truss and Kwarteng learnt the hard way: that business (in his case, advertisers) doesn't like uncertainty and Twitter under Musk is delivering uncertainty by the car load!
Utter dire assessment towards the end there.

Last night, he’s set up another Twitter poll, asking if he should leave as head of Twitter, last time I looked it was about 56.7% yes, 43.3 No, nearly 16,000,000 had voted on it. Important to note, he’d still own it, just would not be in charge of running it day to day, behind the scenes, would still have a big say on how it’s run. Tesla share holders want him back focusing on Tesla, Twitter has been big distraction for him.
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