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Musk hinted that Twitter may re-list and may start a 'road to listing' in the future

WBOY
Release: 2023-05-30 16:59:26
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News on May 24, rumors about the relationship between Musk and Twitter have been endless recently. According to the news obtained by the editor, when Musk recently answered a question about whether Twitter will be listed in the next five years, he did not explicitly deny it, but expressed uncertainty: "I don't know." This indicates that Musk may intend to relist Twitter, opening up the possibility of it embarking on a "road to listing."

According to the editor’s understanding, according to foreign media reports, Musk has revealed to investors that he may make this social media platform public again, but it will take several years. According to reports, when Musk planned to take Twitter private, the company had about 8,000 employees in October last year, but now only about 1,500 employees remain. Musk said that with luck, Twitter could achieve positive cash flow next month.

马斯克暗示推特重新上市 未来或将开启

According to people familiar with the matter, Musk plans to relist Twitter in three years, a plan that had been revealed as early as a year ago. In addition, there is similar news that Musk may relist Twitter in 2026. It is understood that Musk has the idea of ​​​​turning Twitter into a super application. However, achieving this goal will only be known after re-listing.

It is worth noting that Musk may also have new considerations about the location of Twitter’s headquarters. Musk gave a less clear answer when asked at a CEO summit whether Twitter would stay in California. Recently, San Francisco officials announced that they would investigate Twitter after six former employees accused Musk's team of breaking the law by turning the company's headquarters into a "Twitter hotel" to create sleeping areas for employees who were forced to stay up late to work.

Based on the above points of view, Musk may intend to relist Twitter, but Twitter’s future direction is still uncertain. At the same time, Musk may also make changes to Twitter’s headquarters address. This news is undoubtedly a hot topic for Twitter and Musk's supporters and investors. We need to wait for official confirmation to know the detailed plan of Twitter's listing and its performance in the market.

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source:itbear.com
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