The asset manager, which owns an equity stake in Twitter under X Holdings Corp., had previously slashed its valuation by more than 55% at the end of last year, about one month after Musk acquired the platform.
Musk’s purchase was soon followed by the bungled rollout of a subscription service and the, which and resulted in social media company.
With the cost of Twitter shares continuing to drop, the billionaire finally appointed former advertising media executiveearlier this month in an attempt to increase revenue.
In December,asking users to vote on whether he should step down from his role as CEO. More than 57% of respondents voted yes. Yaccarino’s appointment came six months later.
Under Musk, Twitter has undergone, with under 2,000 people now working at what was once a 7,500 person company. Musk has also pertaining to hundreds of thousands of dollars of unpaid rent on Twitter’s office spaces.
earlier this month was also widely-criticized by security experts.
The platform has also been plagued by technical difficulties. Just last week,on Spaces was rocked by glitches. The event was also seen as indicative of Musk’s desire to shift the
Tucker Carlson also, following his abrupt departure from Fox News.
“There aren’t many platforms left that allow free speech,” the controversial host said in a three-minute video posted from his Twitter account. “The last big one remaining in the world, the only one, is Twitter.”
Ironically, Musk most recently came under fire for giving into censorship demands from the Turkish government, amid a contested election that was ultimately won by