RETHINKING - MAY 5, 2022 - WILL THE CEO TESLA RECREATE TWITTER?

In recent days, business publications are talking a lot about the new initiative of a billionaire entrepreneur that was co-founder of PayPal.

His name is Elon Musk and he is the CEO of Tesla, the successful electric cars maker.

About Elon Musk, Wikipedia also posted “He is the founder, CEO, and chief engineer at SpaceX; angel investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and, co-founder of Neuralink and OpenAI. “

According to the Wall Street Journal, Mr. Musk is assembling a group of investors to buy Twitter and moving this social media from the public market of stocks to the private.

Today,  WSJ Online posted a story about the project of buying Twitter titled: “Elon Musk Gets $7 Billion in Fresh Financing for Twitter Deal A Saudi prince, Larry Ellison and a bitcoin exchange are among 19 investors joining in on the Tesla CEO’s bid for Twitter”

This was my opinion posted in WSJ Online blog comments:

“Till now, Elon Musk always was in the right time to make the right action. We have to see if now, the CEO Tesla can recreate Twitter in the right way. To refresh a social media platform is not only a money question or a technology innovation issue. He needs to balance the interests of the investors and Twitter's members, opening the platform for new social media opportunities.”

SOURCES: The Wall Street Journal, Barrons, Forbes and my own think tank