Big Technology Podcast What The Heck Happened To SPACs — With Charles Duhigg
Apr 20, 2022
Charles Duhigg, a Pulitzer Prize-winning reporter and author of bestsellers like 'Smarter Faster Better,' dives into the rollercoaster journey of SPACs. He reflects on their meteoric rise and swift decline, explaining how these financial instruments have reshaped investor behavior. Duhigg also discusses Elon Musk's volatile influence on the market, particularly with his Twitter bid, and the challenges he faces in taking Twitter private. This conversation unravels the intricate relationship between narrative, technology, and the evolving financial landscape.
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Elon Musk's Unpredictability
- Charles Duhigg and Alex Kantrowitz discuss Elon Musk's unpredictable nature and influence.
- They recall a previous conversation about Musk's Cybertruck and his current Twitter bid.
Elon Musk's Impact
- Elon Musk's actions, while seemingly reckless, have resulted in significant achievements.
- He revolutionized the automotive industry and advanced space travel.
Twitter's Uncertain Future
- Elon Musk's plan to take Twitter private raises concerns about its financial viability.
- The lack of a clear path to profitability makes it an unattractive investment.
