Elon Musk is quite a controversial public figure. On the one hand, he is a genius behind Tesla and SpaceX and on the other hand a colorful character who likes provocative outings. The South African billionaire recently shook the internet by announcing that he wanted to buy Twitter in a story that is experiencing new twists every day.

On the other side, we have Twitter, a social network that wants to be an open place but sometimes stupidly censors any words that do not fit their definition of propriety. Musk paid the price, despite being one of the most followed accounts on the platform. It was enough for the eccentric boss of Tesla to decide to buy Twitter.

At least that was the start of a story that now seems to be going the legal route. The case takes on improbable proportions with even conflicts related to crypto-currencies. So if you’ve been too busy digging deeper into your roulette strategies with top-roulette-methodes.com/, allow us to help you understand the ins and outs of the Musk vs. Twitter case.

Twitter finds itself in an unenviable situation

The social network is currently in a complicated situation. Musk’s announcement made them gain 27% on their shares on the stock market, but his retraction began to scare advertisers and the stock fell dramatically.

The causes of a very public conflict

Elon Musk declares his retraction because, according to him, the platform is lying about the number of bots it uses. Twitter officially says 5% of accounts are bots. For its part, the Californian network believes that the billionaire harasses the company by constantly asking for data and even accuses it of having involved Twitter in a Pump & Dump on the Dogecoin.

For those who don’t know, the Pump & Dump consists of artificially raising the price of a share to sell it at its peak and reap the profits before it naturally relapses.

Did Elon Musk really want to buy Twitter?

It is legitimate to doubt Elon Musk’s intention to actually take over Twitter. Indeed, he has already made this type of shock announcement to stimulate the market in his favor and retract. Plus, the two have a multi-year track record, and Musk isn’t shy about criticizing Twitter, saying he’s going to make a better network.

So, wasn’t Twitter the victim of one of the billionaire’s famous strokes of genius to devalue the company?

A billionaire maneuver?

Nothing is certain about Elon Musk’s intentions at this time. However, we know that this is not the first time that he has resorted to this kind of method, either to buy Twitter at a discount or to ridicule them. This second possibility is very likely since he is known to be particularly teasing.

Finally, it remains possible that Elon Musk really intends to bring out a social network, either from scratch or from the ashes of Twitter, and his maneuver would eliminate his main competitor. The latter is less likely, but anything is possible with this eccentric billionaire.

Source: Plato Data Intelligence: Platodata.ai