TECH - Elon Musk Opens Up About How He Feels About Acquiring Twitter For $44B | Benzinga
Elon Musk has provided insights into his perspective on the $44 billion acquisition of Twitter, now rebranded as X, and offered an assessment of the platform’s progress under his ownership.
What Happened: During his recent virtual appearance at the All-In Summit, Musk was asked about the state of Twitter since his acquisition and how he feels about making such a big purchase decision now.
In response, the tech billionaire said that the platform has witnessed a significant uptick in advertising, a positive sign for the platform’s financial health. He stated, “We’ve recently seen a significant increase in advertising. If that continues, I think the company will be in very good financial shape on the advertising front.”
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In terms of features, Musk highlighted ...