Famous businessman, Elon Musk, and new owner of the platform ‘Twitter’ said that the famous platform is losing $4 million per day, expressing willingness to put more effort into improving the profits of the platform.
CNBC reported in a recent report that Elon Musk’s Twitter plan includes forcing Twitter users $7.99 to put a blue check mark on their accounts. He explained that this switch will generate $120 million a month for the platform.
A few days ago, US President Joe Biden revealed this The report of the owner of Twitter and CEO of Tesla, Elon Muskwith other states it was “helpful” and reconsidered, but declined to say how to do it.
“I think it’s worth looking into Elon Musk’s cooperation or technical relationships with other countries, whether or not he’s doing something inappropriate,” Biden said when asked if Musk posed a threat to national security.
When a reporter in the room asked, “How?” The president replied, “There are many ways to review and track.”
Before American billionaire and world’s richest man Musk completed his $44 billion takeover of the Twitter platform, Bloomberg reported that US President Biden’s administration officials were in early discussions about the possibility to subjugate some of Elon’s projects. security reviews, including the acquisition of Twitter.
According to a statement, a spokeswoman for the National Security Council in the United States of America, Adrienne Watson, said in a statement, “We are not aware of any such conversations.” A US Treasury Department spokesman said the US Committee on Foreign Investment “does not comment publicly on transactions it may or may not review and that such procedures are conducted in accordance with the law and practice.”
Among the equity investors who have pledged to provide financing to help Musk finance the takeover of the popular platform are several foreign entities, including Qatar’s sovereign wealth fund and other Arab investors.
