Elon Musk purchases Twitter for $44bn
[vc_row animate_rounded_tab="yes"][vc_column][vc_column_text]On Monday 25th April 2022 Elon Musk acquired Twitter for approximately $44 billion, in a fairly uncontested buyout. It remains a mystery as to what Musk’s intentions are with the platform long term but he has indicated he wants to monetise tweets and generate greater revenue from the platform. We’ll be keeping watch on the raising developments from this new acquisition and posting our findings with you (like, share and please, please, please let us know your thoughts!) Here’s what we know so far… The first quarter of 2022 (also being the first quarter since CEO Jack Dorsey stepped down) was bound to be unpredictable. The kids published earnings report showed that during this period, Twitter saw a slight surprise increase in users, a little less revenue than predicted, and a roughly flat stock price (a familiar position for the company to find itself in). Although even with s slight increase in popularity,...
