Elon Musk tells BBC that owning Twitter has been quite painful(bbc.co.uk)
bbc.co.uk
Elon Musk tells BBC that owning Twitter has been quite painful
https://www.bbc.co.uk/news/business-65248196
3 comments
> Mean while a few years from now Twitter will be a cash cow for him.
I don't see that happening. Twitter is hanging on by a very thin thread and the first viable competitor will kill it.
I don't see that happening. Twitter is hanging on by a very thin thread and the first viable competitor will kill it.
I guess being Elon Musk is quite painful.
He is getting billions of dollars of advertising by stirring controversy for Twitter. He doesn't need to spend any more ad money for it. Which is a big advantage.
I still say that he got a huge get when he bought it. He could have gotten it for less but that does not mean he won't turn it into a money maker. If he gets twitter on a profitable trend then it's only a matter of time before he can go public and get rid of all the debt. Without having to pay for advertising he has a big advantage. Bottom line he knows how to make a buck. Good for him.