ELON THE TWITTER GUY

 


Elon musk is well known for a successful business man and probably the richest person at the age 50. He recent just bought twitter for an amount that took the world by surprise of 44 billion. The multi trillion has acquired Twitter as one necessary to preserve free speech. He has also claimed that he did not buy it as a way of making money but as a way of securing the future.

Reports suggests that twitter only made profits in two occasion which is in 2018 and 2019 only so it did not make sense for him to be spending so much money on a business that is not profitable. In a statement released after the deal was reached, Musk called Twitter “the digital town square where matters vital to the future of humanity are debated” and said he looks forward to tapping into the company’s “tremendous potential

Twitter might not be profitable business right now but with the so ever changing technology and the many people becoming addict to social media it is only a matter of time before he makes money. A huge number already depend on social to receive information about what is happening around the world.

We all know that Elon musk is a smart man when it comes to business so it will be even be better for him or easy to get funding if he does need it. But for him buying with his large number of followers and people who general see him as a role model that will definitely help him with twitter and growing it. 


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