Elon Musk says he\u0027s looking for a new CEO that will be able to keep Twitter alive. Find out more.
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“One catch: you have to invest your life savings in Twitter and it has been in the fast lane to bankruptcy since May,” he added. “Still want the job?”Elon Musk If Twitter’s user growth has increased since Musk took over in late October, a claim he often repeats, it’s easy to assume people are there to see what Musk does next. The result is akin to Trump’s presidency — but even Trump took a day off to play golf every now and then.
That much is evident when you examine Musk’s approach to Twitter’s business, which was profitable at the beginning of the year but somehow losing US$4 million per day by early November, Musk claims. Musk’s own antics have scared off Twitter’s advertisers; he has tweeted misinformation, posted masturbation jokes, and bungled Twitter’s verification program by enabling imposter accounts to pose as major brands.
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