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Elon Musk Suffers a Huge Loss


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Elon Musk Suffers a Huge Loss

By Luc Olinga Five months after buying Twitter for $44 billion, the billionaire estimates that the platform is worth just $20 billion. Elon Musk’s takeover of Twitter has been very eventful. His reign at the head of the microblogging website is just as eventful. The serial entrepreneur finalized the deal on Oct. 27, after a long battle with the management of Twitter 1.0, marked by multiple twists, threats, and public insults. To top it off, the $44 billion purchase price paid by Musk was considered too high by analysts, who noted that the platform was not profitable and lagged behind its main … →このまま続きを読む

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