How Elon Musk’s Twitter Takeover Plans Shook Wall Street And Social Media

CNBC published this video item, entitled “How Elon Musk’s Twitter Takeover Plans Shook Wall Street And Social Media” – below is their description.

Elon Musk is known for using Twitter to hype everything from colonizing Mars to Tesla’s autopilot features. Now, he’s attempting to buy the underperforming social media network for $44 billion. The deal faces several obstacles, though. Musk now wants Twitter can prove a certain number of its users aren’t bots, and there’s the risk that the deal’s financing scheme falls apart. Here’s how Musk’s bid for Twitter came together, how the social media company could change under his watch, and how the deal could still fall through.

CNBC YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

Recent from CNBC:

How School Shootings Created A $3.1 Billion Security Industry

Why Pharmaceuticals Are So Complicated In The U.S. | CNBC Marathon

The Future Of U.S. Gun Reform After Uvalde And Buffalo

In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.

5 Recent Items: Elon Musk

Tesla Idles Plants in China and Germany

Twitter chairman says company is ‘committed to closing the transaction’ with Elon Musk

Las Vegas Resorts World unveils first Boring Company loop stop

Elon Musk takes notice as Kia, Hyundai climb EV sales chart

Tesla stock dip is ‘a generational-type opportunity’ for investors: Analyst

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

Posting....