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Twitter Evolves

Twitter Evolves

Here's what Elon's acquisition of Twitter means

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John Robb
Apr 30, 2022
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Twitter Evolves
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What happened?

  • Twitter’s stock has languished for years (in comparison to other social networks, it is terrible at making money, partly by design to avoid damage to its core functionality). However, weak financials made it vulnerable to a takeover.

  • Elon Musk (the richest man in the world, $200 b +, now that war has dethroned Putin) made a $44 b bid for…

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