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Does Elon Musk really even want to buy Twitter? | #1 Technology News Source by Kalen2utech
Published On: Tue, May 17th, 2022

Does Elon Musk unequivocally even wish to buy Twitter?

When The New York Times got a hands on some of Elon Musk’s skeleton for Twitter, a association that he is in a routine of purchasing, we would have been forgiven for meditative that Musk knew what he was buying.

Per a Times’ reporting, we schooled that Musk expects to accelerate Twitter’s income to “$26.4 billion by 2028, adult from $5 billion final year,” while flourishing a company’s user bottom from “217 million during a finish of final year to scarcely 600 million in 2025 and 931 million 6 years from now,” boosting normal income per user by scarcely $6 over a same time frame.

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Those numbers competence have done SPACs blush, though they showed something vicious in a Musk pitch: that Twitter had outrageous amounts of value that he, Musk, could transparent with his plan.

Since afterwards — a Times pennyless a Musk financier representation 11 days ago — matters between Musk and a amicable media association have turn gossamer as a intensity acquirer took to a company’s use to complain, prod, and backtrack.

Musk’s exasperation with Twitter has centered around a emanate of bots. Not all bots on Twitter are antagonistic or bad; some are even entertaining. But too many bots, or even a wrong sort, matter since they can intermix a user knowledge on a amicable use by spamming genuine users, and increase a company’s advertiser-focused metrics.

On May 13, Musk threw a financial universe into a frenzy by saying on Twitter that his understanding to buy a association was “on reason tentative sum ancillary calculation that spam/fake accounts do indeed paint reduction than 5% of users.” Whether he was means to make such a preference is not transparent formed on a understanding documents.

Although he pronounced he was still “committed” to a deal, Musk ran an examination involving a set of 100 users to see how many were bots.

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