What happened: Elon Musk wants to temporarily put the Twitter deal on hold until details are available that support the calculation that spam/fake accounts actually make up less than 5% of users. With these figures, the billionaire refers to an article from the Reuters news agency. This announcement caused Twitter shares to plummet.
Exciting and a little irritating at the same time: The Reuters article used by Musk refers directly to statements from Twitter. The Reuters article appeared on May 2nd, shortly after Elon Musk tweeted that one of his priorities would be to remove “spam bots” from the platform.
What's next for Elon Musk and Twitter?
First of all, it is of course exciting again what happened because of a single tweet from Elon Musk. Twitter shares fell by almost a quarter of their value. This is observation number 1. If we look at the Twitter share price ( here ), we see the low at around 12 p.m. Central European Time (32.64 euros).
The stock then recovered a little until it made a slight but significant jump upwards at 1:50 p.m. Central European Time. Why? Well, this time too it was a tweet from Musk that probably triggered this development: “Still committed to acquisition” he wrote on Twitter at exactly that time.
That's the current status. What's worth noting, however, is how much a single tweet can influence a stock. And what power Elon Musk has in the end.
This should also be of interest : The high-visibility vest for chickens – a bizarre farce about Özdemir, grass and the AfD. We received requests for a video from Cem Özdemir, who only apparently (!) calls for high-visibility vests for chickens, but the entire story is even more bizarre. Continue reading …
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