Mr Musk has floated the idea of charging users to embed or quote tweets from verified accounts, but that won’t stop anyone from simply taking a screenshot of a tweet and using it instead. position.
Elon Musk wants to make a lot of changes to Twitter after taking over the company
Musk is said to have encouraged the idea of embedding fees while trying to secure his $44 billion buyback. He has secured a $13 billion Twitter-based loan and a $12.5 billion margin loan tied to his Tesla stock. He also sold $8.5 billion in Tesla stock to support the deal.
Additionally, Musk has mentioned other ways to improve Twitter’s bottom line, but has yet to make a firm commitment to those ways. He suggested making changes to the Twitter tick to make it more appealing to potential subscribers. In talks with banks, Musk is said to have raised the possibility of job cuts, but is not expected to make a firm decision on this until he has moved the company completely private. . Additionally, Musk has publicly thought about eliminating pay for board directors, which would save the company about $3 million a year.
Twitter’s potential new owner is also said to have plans to replace CEO Parag Agrawal, who replaced Jack Dorsey last November. Agrawal is expected to stay in charge of Twitter until Musk’s acquisition is completed. According to Reuters, Musk has told Twitter chairman Bret Taylor that he is not confident in the company’s leadership. However, a lot of details about what Musk’s takeover will mean for the company are still question marks and will only be apparent for a while.