File Photo: Elon Musk's Twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken, April 15, 2022.File Photo: Elon Musk's Twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken, April 15, 2022.was greeted with a wave of price target boosts on the social media company’s stock, although Tesla investors feared that the billionaire was spreading himself too thin.
“We see lingering impacts from Musk stock sales as a drag dissipating but the big worry is Musk juggling too many balls at the same time,” Ives said.Musk also heads spacecraft manufacturing company SpaceX and is a co-founder of neurotechnology company Neuralink and TheBoring Company. At least three analysts raised their price targets on the Twitter stock to match Musk’s offer price after he showed renewed interest in buying the company on Tuesday.
In July, Musk said he could walk away without penalty because the number of bot accounts was much higher than Twitter’s estimate of less than 5% of monetizable daily active users.
This not is not the news