In this case, the significant number of spam users on Twitter has caused a setback. Will Elon Musk take charge of Twitter or step down? Let’s see if we can get away with that easily.
A lot of people are talking about what kind of changes are going to come on Twitter. Elon Musk, who has invested such a large sum, will not engage in any business without a profit. It is said that he is planning to make money on Twitter to multiply his investment. Fake users, however, say that spam accounts can hinder the implementation of the Elon program
Is expected. Elon Musk, who bought Twitter for $ 44 billion, has borrowed nearly $ 13 billion from banks.
While receiving funds from several banks and buying Twitter, Elon Musk has talked about ways to make money through Twitter. Elon Musk shared a few tweets on Twitter about launching a new subscription service. Those tweets were then deleted.
Agarwal will be Twitter’s CEO for a few more months. It has already been said that it will take a few months for Twitter to come fully into Elon Musk’s hands and it will not be easy to cancel Elon Musk’s contract in the current scenario.
Also Read: Elon Musk – Deadline for Finishing the Twitter Deal
Both parties have entered into a merger agreement. Therefore act in accordance with the agreement already accepted and signed. If Elon is currently leaving he will have to make changes to the existing contract. And is in big trouble. Twitter may sue Elon Musk if Elon Musk does not comply with the agreement.
Both sides have agreed to pay $ 1 billion each in cancellation fees if they fail to comply with the agreement. According to one source, Elon Musk could not have paid the $ 1 million and paid the termination fee.
Also Read: ‘Circle’ feature introduced as Silent on Twitter – What’s the use?
If anyone tries to block this deal then everyone can walk away or Elon Musk can walk away from it if he thinks the loan amount is too high. And through a concept called the Material Advertise Effect, Elon Musk could opt out of Twitter if he proves that Twitter is currently worse than it was at the time of the deal.
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