Is it true Elon musk buys Twitter? It takes him less than a day to open a new company! Yes, we are talking about the multi-billionaire Elon Musk who has again made it to the hot news sections as he bought the micro-blogging site Twitter! Just after the move, he tweeted:
‘I hope that even my worst critics remain on Twitter because that is what free speech means.’
So, let’s move into the scene and know what exactly has happened and what can we now expect from the new owner of Twitter.
Elon Musk Buys Twitter
Twitter has been a hotbed of activity lately, and it’s only getting more heated now that Elon Musk has bought the company! But what does this mean for users of the social media platform?
Expect even more Tesla-related content on Twitter, as Musk is known for being very active on the site. He’s also likely to use Twitter to promote his other companies and ventures so that we could see a lot more of SpaceX and The Boring Company in our timeline.
Of course, with any major change comes some uncertainty, but we’re excited to see what Musk will do with Twitter. He’s already shown that he’s not afraid to shake things up, and we think that could be good for the platform in the long run. So stay tuned – this is sure to be an interesting ride!
Why Is Twitter Such A Valuable Company?
Twitter is an extremely useful application; it also has a large user base. Twitter has over 300 million users, and that number is always growing. In this fast-moving tech world, it is not easy to create an application used by billions of people. The average user spends over 9 minutes a day on Twitter. It is also a much more useful application than others like Facebook and Instagram. It’s hard to predict the near future of Twitter, but surely, Twitter will keep growing.
What To Expect With The New Management
Now that Elon Musk has taken over Twitter, what can we expect? Well, for one thing, he’s already made some changes – like changing the Twitter logo to his company’s logo, Tesla. So it looks like he will put his stamp on the social media platform. But what else can we expect?
Some people speculate that Musk will use Twitter to promote his other businesses, like Tesla and SpaceX. Others think that he’ll use it to try and disrupt traditional news media outlets. And then some believe that he’ll use it as a personal megaphone to share his thoughts on whatever he feels like.
Of course, only time will tell what Musk will do with Twitter. But one thing is for sure: it will be interesting to see what he does with it. So stay tuned!
Doge Coin Jumps 22% After The Deal
Dogecoin, the internet’s favourite cryptocurrency, is currently trading up 22.14 per cent at a price of $0.162 USD as of 1:10am IST on Tuesday according to CoinMarketCap. The rally comes shortly after Elon Musk announced he had come out of “Elon Musk Buys Twitter” and was about to take over the popular social media platform for himself.
Who Is Elon Musk?
Elon Musk is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He is also the founder of The Boring Company, a tunnel construction company.
Musk was born in South Africa in 1971. He briefly attended the University of Pretoria before moving to Canada, aged 17, to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received dual bachelor’s degrees in economics and physics. He moved to California in 1995 to attend Stanford University but decided instead to pursue a business career, co-founding web software company Zip2 with his brother Kimbal. Compaq acquired the start-up for $307 million in 1999. Musk co-founded the online bank X.com that same year, which merged with Confinity in 2000 to form the company PayPal and was subsequently bought by eBay in 2002 for $1.5 billion.
In 2002, Musk founded SpaceX, an aerospace manufacturer, and space transport services company, of which he is CEO, CTO, and lead designer. In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect.