Can Twitter Become More Profitable In Elon Musks Hands?

Author : desertsafari
Publish Date : 2022-04-26 00:00:00


Can Twitter Become More Profitable In Elon Musks Hands?

Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.

Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk continued, "It's just that my strong, intuitive sense is that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization." Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion. Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.Paris: Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide. The company's announcement on Monday that it had reached a deal for Tesla boss Elon Musk to buy it outright raises the question of whether this will lead to a brighter financial future for Twitter? Musk has downplayed economic considerations as a motivation for his purchase, saying earlier this month at the TED2022 conference that, "This is not a way to make money." Musk c



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