World’s richest man and Tesla/SpaceX CEO Elon Musk stirred up some controversy on Twitter this week when he teased a potential competitor to Twitter should the blockbust deal fall through.
According to The Daily Wire, “In an exchange on Twitter about his recent sale of $6.9 billion in Tesla stock, Musk explained that he is avoiding an ’emergency sale’ of shares in the ‘hopefully unlikely’ event Twitter forces the deal to close.”
Yes.
In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock.
— Elon Musk (@elonmusk) August 10, 2022
One Twitter user asked Musk if he thought about creating his own social platform —and it sounds like he has.
— Elon Musk (@elonmusk) August 10, 2022
From The Daily Wire:
Musk co-founded X.com as an online bank in 1999, which merged with Confinity in the following year to become PayPal. In 2017, Musk purchased the domain name from PayPal while citing “sentimental value,” according to Business Insider. The site currently shows nothing more than a small black “X” in the corner of the page.
The outlet noted that Musk referenced X.com at a recent shareholder meeting for Tesla. “I do sort of have a grander vision for what I thought X Corporation could have been back in the day,” Musk said. “It’s a pretty grand vision and of course that could be started from scratch but I think Twitter would accelerate that by three to five years.”
What do you think —would you sign up for a social media platform run by Elon Musk?
Elon Musk Floats Potential Competitor To Twitter https://t.co/NkmG1WlEDb pic.twitter.com/Eij8BVTEDT
— Daily Wire (@realDailyWire) August 10, 2022
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