Twitter

This week has been a Twitter whirlwind. Shelly Palmer speaks with Dan Bowens on Fox 5's Good Day New York about what's been going on -- and what Elon Musk might be thinking. Continue Reading →

Welcome to the last day (I hope) of the "Elon Channel," where it's "All Elon, All The Time." I simply could not resist this latest news nugget. According to a securities filing, Elon has fired all nine members of the Twitter board and has named himself sole director. According to the filing, firing everyone was always his plan. Continue Reading →

Welcome to the "Elon Channel" where it's "All Elon, All The Time." (Hopefully this will not be true tomorrow!) Continue Reading →

The deal has officially closed and Elon Musk now owns Twitter. Shelly Palmer speaks with Zain Asher on CNN International's One World about the future of Twitter and whether or not Musk will be able to solve the issues he sees at his new company. Continue Reading →

On October 27, 2022 at 11:49 p.m. ET, @elonmusk tweeted, "the bird is freed." I'm wondering if he meant "fried." Elon is out about $44 billion (a substantial portion of which is his own money) and the freshly fired executive team is up approximately $88 million. It's no fun being fired, even by Elon, but the windfall of cash may ease their pain. Continue Reading →

Twitter's been busy with new features, legal battles, and more.Shelly Palmer speaks with Robert Moses and Tashanea Whitlow on Fox 5's Good Day New York about the features Twitter is testing, the Twitter Blue price hike, and the latest with Elon Musk. Continue Reading →

I know I'm supposed to weigh in on the Elon Musk/Twitter deal today. People who care about this fall into two camps: 1) Elon's just looking for a better price. 2) Elon never intended to make the purchase. Now it's going to court. As entertaining as the Elon story may be, my attention today is on James, the James Webb Space Telescope (JWST), as some of the most important astronomical images ever taken will be released at 5 p.m. ET today. Continue Reading →

Earlier this morning, Elon tweeted a reply about his upcoming purchase of Twitter to @Teslarati: "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter's SEC filings being accurate.Yesterday, Twitter's CEO publicly refused to show proof of <5%. This deal cannot move forward until he does." Continue Reading →

According to the WSJ, a Saudi prince, Larry Ellison, and a bitcoin exchange are among a group of 19 investors who have committed more than $7 billion to back Elon Musk's bid for Twitter. Continue Reading →

Elon Musk has an option to purchase Twitter for $44 billion. For argument's sake, let's say Twitter has 300 million monthly active users (MAU). If so, he is paying approximately $147 per MAU. Telegram, on the other hand, has approximately 550 million MAUs. Using the same math, Telegram should be worth approximately $80 billion, but Twitter and Telegram are apples and oranges. Twitter is a publicly traded company with a traditional corporate form. Telegram is something completely different. Continue Reading →