-8.2 C
New York
Sunday, December 22, 2024
HomeMarket News
Market NewsMarketsNews

This Is What $44 Billion Buys You

By Ilene
0
371
Illustration by The Atlantic. Source: Getty.

This Is What $44 Billion Buys You

Elon Musk has turned X into a political weapon.

By Charlie Warzel, The Atlantic 

Elon Musk didn’t just get a social network—he got a political weapon.

It’s easy to forget that Elon Musk’s purchase of Twitter was so rash and ill-advised that the centibillionaire actually tried to back out of it. Only after he was sued and forced into legal discovery did Musk go through with the acquisition, which has been a financial disaster. He’s alienated advertisers and turned the app, now called X, into his personal playground, where he’s the perpetual main character. And for what?

[…]

X’s current political project is clear: Musk, his PAC, and his legion of acolytes are creating the conditions necessary to claim that the 2024 election is stolen, should Kamala Harris be declared the winner…

Read the full article here >

FYI:

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,328FansLike
396,312FollowersFollow
2,330SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024
0
Would love your thoughts, please comment.x
()
x