5 charts decode the method to Musk’s Twitter moves4 min read . Updated: 10 Nov 2022, 09:34 AM IST
- Elon Musk is making several controversial moves at Twitter. Here are five financial metrics that put into context his moves:
With Elon Musk taking over Twitter, the company is poised to change. Musk has imposed deep cuts in staff strength. He has announced a revamp of the account verification process, with a monthly charge for the coveted blue tick. His moves and posturing have created a furore. Part of this is political: Twitter users tend to be left-leaning, according to a survey by Pew Research, while Musk is seen to be right-leaning. Part of this is about the impact on Twitter, the company Musk was compelled to acquire for $44 billion—about 8.7 times its 2021 revenues. Here are five metrics that contextualize Musk’s first moves.
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