On with Kara Swisher Matt Levine on Elon Musk: Chief Twit & “Meme Lord”
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Oct 31, 2022 In this discussion, Matt Levine, a Bloomberg Opinion columnist and creator of the 'MoneyStuff' newsletter, dives into Elon Musk's takeover of Twitter. He speculates on Musk's vision for the platform and how his engineering background might reshape its future. The conversation touches on potential shifts in content moderation, the ramifications for free speech, and even the possibility of reinstating previously banned users like Trump. Levine also examines the financial challenges facing Twitter, alongside the market dynamics affecting its next steps.
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Deal Outcome
- Elon Musk's Twitter acquisition demonstrates that legal agreements are binding.
- Despite attempts to back out, he had to honor the deal.
Leadership Passion
- Twitter's board and management lacked the passion Elon Musk has for the platform.
- Their lack of vision contributed to the company's stagnant share price and vulnerability to acquisition.
Musk's Magic
- Matt Levine points out Elon Musk's unusual ability to create market value.
- Musk's influence, particularly with Tesla, demonstrates this.