How Elon Musk’s Twitter takeover plans shook Wall Street and social media

CNBC Television 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 to 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 Television YouTube Channel

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CNBC is an American pay television business news channel, which 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.

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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.

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