Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

In offering up a lofty goal of a $250 billion valuation, Twitter’s new owner is returning to the digital-payments playbook from PayPal’s early days

Illustration: Preston JesseeBehind Elon Musk’s gamble to turn Twitter Inc. into a company worth more than $250 billion is a beloved idea he has hung on to for more than two decades: digital banking.

in dribs and drabs about what Twitter 2.0 might ultimately look like under his control. But late last week, he gave employees a taste of how grandiose his plans are, telling them he envisions Twitter being worth more than 10 times its

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How you can you trust this guy?

April 1st...good stuff

Ready 4 The Overridger! ❤️ A_Few 🤫

Is it a joke?! Twitter with $200 billion valuation🤔 If Twitter can do digital money transactions why can't Facebook, Spotify, and other social media outlets do the same? How is it going to be different from Fintech?

Elon wants to be jack so much.

I take it, Elon is thinking market capitalization as when Tesla was worth $1 trillion. Can Elon take control of imaginations again and create an overvalued stock is the question.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk, After Buying Twitter, Is Now Twitter’s Most-Followed UserIf nothing else, $44 billion has bought Twitter power-user Elon Musk status as the No. 1 most-followed account on the social network. As of Thursday morning, Musk had 133.088 million users — … He probably paid you to post this That's because he practically forces you to follow him by putting himself at the top of the Who to Follow list. Just block the egomaniac like I do. It makes your timeline much more pleasant. Yea , I’m sure ? itchy beard elonmusk
Source: Variety - 🏆 108. / 63 Read more »

Elon Musk confirms that Twitter algorithm will be made public todayMusk had said that the algorithm would be unveiled last month but will finally be publicized later today. Many would be keen to know what ails Twitter. 😂😂😂
Source: IntEngineering - 🏆 287. / 63 Read more »

Twitter takes its algorithm “open-source,” as Elon Musk promisedTwitter takes its algorithm ‘open-source,’ as Musk promised direct link to repo I suspect the decision was accelerated by having the source code posted on Github... mag2000000000
Source: verge - 🏆 94. / 67 Read more »

LeBron James out on Elon Musk's Twitter verification plan: 'I ain't paying'Los Angeles Lakers star LeBron James said Friday he will not be paying the monthly fee on Twitter in order to continue being verified on the social media platform. Good then go away cry baby Sure does cry a lot Good...go
Source: FoxNews - 🏆 9. / 87 Read more »

Making good on Elon Musk's promise, Twitter open sources its recommendation algorithmTwitter has made good on Elon Musk's promise to open source its algorithm, starting with its recommendations in For You.
Source: BGR - 🏆 234. / 63 Read more »

Opinion | Why Elon Musk’s Twitter Blue program is backfiringZeeshan Aleem: Elon Musk changed the meaning of verified badges irrevocably. Here's why Twitter Blue could put Elon in the red. and jack changed the meaning of 'favorites' to 'likes' Do you pay for Twitter? Dude is 42bn in the red already
Source: MSNBC - 🏆 469. / 51 Read more »