Musk says Twitter deal is ‘accelerant’ to creating ‘everything app’
Stock Markets 2 hours ago (Oct 04, 2022 07:25PM ET)
© Reuters. FILE PHOTO: Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – Elon Musk said on Tuesday buying Twitter Inc (NYSE:) is an “accelerant to creating X, the everything app”, after the billionaire proposed to go ahead with his original offer of $44 billion to take the social media company private.
“Twitter probably accelerates X by 3 to 5 years, but I could be wrong,” he said in another tweet.
Although Musk has not disclosed his plans for Twitter, he has said the service could charge business and government users.