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10/28/2022

For Twitter Boss Elon Musk, Now Comes the Hard Part

Overspending on Twitter for $44 billion was the easy part

Overspending on Twitter for $44 billion was the easy part.

Now, Tesla Inc (TSLA.O) Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount and turn around a social media platform that he has spent months ridiculing.

Earlier this month, the outspoken billionaire said: "Myself and the other investors are obviously overpaying for Twitter right now. The long-term potential for Twitter in my view is an order of magnitude greater than its current value."

Please select this link to read the complete article from Reuters. 

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