industry

Elon Musk Twitter: Why has Elon Musk put his Twitter bid on hold?


In his thread, the CEO posted a link to a filing from Twitter posted nearly two weeks ago on May 2.

In the filing, Twitter officials estimated that false or spam accounts made up fewer than five percent of the platform’s monetisable daily users.

They found advertising was served to 229 million users in the first quarter of 2022.

His announcement caused a stir in the stock market, with Twitter’s shares briefly down 9.6 percent to $40.71 from $54.20, before regaining some ground after Mr Musk made a following tweet.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.