- Musk’s loved ones office is searching for new buyers for Twitter, in accordance to Semafor.
- New shares of Twitter will be marketed at $54.20, the same value Musk paid out back in October.
- Musk also sold Tesla shares really worth $3.6 billion, in accordance to filings from the SEC.
Twitter seems to be having difficulties.
Users are leaving in the system in droves. Essential advertisers are disappearing. And the charges are piling up.
Now, the company is placing its sights on new investors. In accordance to a report from Semafor, Jared Birchall, the supervisor for Elon Musk’s loved ones business office “reached out to opportunity traders this week.”
Birchall is evidently providing shares of Twitter to traders for the value of $54.20 a piece, Semafor claimed. That is the exact same price tag that Musk paid out with his $44 billion takeover of the organization in October.
Given that then, he’s produced a slew of alterations like revamping Twitter Blue, the platform’s membership tier. He’s laid off sizeable quantities of staff and is looking at not paying severance, in accordance to the New York Moments. He’s tried to impose strict rules on performing from the workplace.
In early December, Musk even erected bedrooms in the firm’s San Francisco headquarters, seemingly backing his plan to introduce a much more “hardcore” tradition at Twitter that staff members should really be doing work prolonged into the evening.
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- Musk’s loved ones office is searching for new buyers for Twitter, in accordance to Semafor.
- New shares of Twitter will be marketed at $54.20, the same value Musk paid out back in October.
- Musk also sold Tesla shares really worth $3.6 billion, in accordance to filings from the SEC.
Twitter seems to be having difficulties.
Users are leaving in the system in droves. Essential advertisers are disappearing. And the charges are piling up.
Now, the company is placing its sights on new investors. In accordance to a report from Semafor, Jared Birchall, the supervisor for Elon Musk’s loved ones business office “reached out to opportunity traders this week.”
Birchall is evidently providing shares of Twitter to traders for the value of $54.20 a piece, Semafor claimed. That is the exact same price tag that Musk paid out with his $44 billion takeover of the organization in October.
Given that then, he’s produced a slew of alterations like revamping Twitter Blue, the platform’s membership tier. He’s laid off sizeable quantities of staff and is looking at not paying severance, in accordance to the New York Moments. He’s tried to impose strict rules on performing from the workplace.
In early December, Musk even erected bedrooms in the firm’s San Francisco headquarters, seemingly backing his plan to introduce a much more “hardcore” tradition at Twitter that staff members should really be doing work prolonged into the evening.
