Elon Musk Tells Joe Rogan He Acquired Twitter Because It Was 'Propagating A Mind Virus'
Portfolio Pulse from Rounak Jain
Elon Musk has explained his acquisition of Twitter, now X, for $44 billion, stating that it was 'propagating a mind virus' having a 'corrosive effect on civilization'. Musk criticized the former Twitter management for weaponizing the philosophy that led to the dire straits of San Francisco. Despite a 57% fall in X's valuation since the acquisition, Musk maintains that the acquisition was worth the price.
November 01, 2023 | 1:01 pm
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NEUTRAL IMPACT
Elon Musk's acquisition of Twitter, now X, and his subsequent comments may indirectly affect Tesla Inc. as he is the CEO of the company.
Elon Musk's actions and comments as the CEO of Tesla Inc. can indirectly affect the company's image and stock price. However, the direct impact of this news on Tesla's stock is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50