Sunday, October 30, 2022

Has Elon Musk “freed the bird” or created a Scavenger?



Elon Musk buys Twitter for $44b nabbing 240 million daily users and becomes the “Chief Twit “ and fires the CEO, CFO and Legal officer !


Current share price $25b - 

While Amazon , meta and google shed double digit drops from their share price


The Twitter Punt

  • Can he get them to pay $6 per month and do away with advertising? 
  • Can he turn it to provide WeChat functionality ? 
  • Could Twitter become the new WeChat - creating a  common digital town square
  •  can Musk make it the next trillion dollar business ? 

A few fellow billionaires and a Qatari sovereign-wealth fund think so ! 

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