The Tesla CEO, Elon Musk joins Twitter’s board of directors by acquiring a 9.1 stake in the company on April 4th. In one of his posts posted on March 25th, he asked his 80 million followers about Twitter’s adherence to its “Freedom of Speech” point. Further than 70 of his followers replied NO.
Musk suggested that he was considering introducing new features. Prior to acquiring shares in the company, Musk was known to use Twitter to gather and impact public opinion on the point.
Speaking at an event hosted by Bloomberg on Tuesday, Musk said there were a number of “undetermined matters” that will need settling before he can move forward with the takeover.
Elon Musk says there are three main hurdles to overcome before he can complete his purchase of Twitter. Musk is seeking to buy Twitter for $ 44 billion, a mega accession with huge counteraccusations for the social media world—not least given the Tesla and SpaceX CEO’s contentious station on content temperance and freedom of speech.
But the fate of the deal has come more uncertain in recent weeks after Musk hovered to walk down, citing enterprises over the number of fake accounts on the platform.
The billionaire could face a $1 billion bifurcation figure and conceivably indeed suit if he were to abandon the deal. Speaking at an event hosted by Bloomberg on Tuesday, Musk said there were a number of “undetermined matters” that will need settling before he can move forward with the preemption.
Still, he clearly has some big plans for Twitter, which means that there can be chances for software companies as well as branding and designing enterprises, which can collab with Musk. This can lead to a big break for all the ambitious enterprises, including us.
Speaking at an event hosted by Bloomberg on Tuesday, Musk said there were a number of “unresolved matters” that will need settling before he can move forward with the takeover.
Conclusion
However, he certainly has some big plans for Twitter, which means that there can be chances for software companies as well as branding and designing firms, which can collaborate with Musk. This can lead to a big break for all the ambitious firms, including us.