Why is Elon Musk Wrecking Twitter?
<p>Itis difficult to imagine how Elon Musk will ever make a dime from his acquisition of Twitter. It’s only a few months into his investment in the platform, but he’s already <a href="https://www.axios.com/2022/12/16/elon-musk-twitter-new-investor" rel="noopener ugc nofollow" target="_blank">beating the bushes</a> for help paying the $13 billion in debt he incurred buying Twitter.</p>
<p>For reasons known only to him, Musk paid $44 billion in an acquisition that analysts <a href="https://fortune.com/2022/10/27/elon-musk-twitter-purchase-most-overpaid-tech-history-dan-ives-wedbush/" rel="noopener ugc nofollow" target="_blank">describe</a> as “one of the most overpaid tech acquisitions in history.” Musk followed up his curious purchase with one management misstep after another: re-platforming white supremacists and provocateurs like Kanye West, <a href="https://www.npr.org/2022/11/25/1139180002/twitter-loses-50-top-advertisers-elon-musk" rel="noopener ugc nofollow" target="_blank">losing half </a>of the company’s top 100 advertisers, chasing away <a href="https://www.businessinsider.com/twitter-lose-32-million-2-years-after-elon-musks-takeover-2022-12" rel="noopener ugc nofollow" target="_blank">millions of users</a>, and firing essential staff.</p>
<p><a href="https://medium.com/@marlonweems/why-is-elon-musk-wrecking-twitter-a2a414cb5fbd"><strong>Read More</strong></a></p>