The post Will Elon Musk’s Backout Affect Twitter’s Worth? appeared first on theprimarymarket.com.
]]>The primary reason that Musk backed out of the deal was reportedly due to a lack of transparency about the presence of bot accounts on Twitter. This may have a level of truth and it may not, but nevertheless, it’s going to affect the way Wall Street perceives Twitter. Musk has that level of sway.
When the world believed that Twitter was going to belong to Musk, the company was also going through major changes. A massive employee haul took place, and a new CEO emerged by the name of Parag Agrawal. Amid the changes, Musk’s new presence left people optimistic about the company’s new direction. But now that he’s on his way out, it feels like Twitter might be dead in the water.
The post Will Elon Musk’s Backout Affect Twitter’s Worth? appeared first on theprimarymarket.com.
]]>The post Will Elon Musk’s Backout Affect Twitter’s Worth? appeared first on theprimarymarket.com.
]]>The primary reason that Musk backed out of the deal was reportedly due to a lack of transparency about the presence of bot accounts on Twitter. This may have a level of truth and it may not, but nevertheless, it’s going to affect the way Wall Street perceives Twitter. Musk has that level of sway.
When the world believed that Twitter was going to belong to Musk, the company was also going through major changes. A massive employee haul took place, and a new CEO emerged by the name of Parag Agrawal. Amid the changes, Musk’s new presence left people optimistic about the company’s new direction. But now that he’s on his way out, it feels like Twitter might be dead in the water.
The post Will Elon Musk’s Backout Affect Twitter’s Worth? appeared first on theprimarymarket.com.
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