Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Investment Adviser Rejects Elon Musk as Possible Twitter CEO

Cryptocurrency May 06, 2022 11:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. Investment Adviser Rejects Elon Musk as Possible Twitter CEO

    • Investment Adviser Gary Black tweets his disapproval of Elon Musk being Twitter (NYSE:TWTR) CEO.
    • Black states that Musk already has his hands full with his other companies.
    • In response, the Twitter community shows support for Musk’s capability to change the social media platform.

On May 5, SEC-Registered Investment Adviser Gary Black tweeted his disapproval of Elon Musk being Twitter’s CEO. In detail, he cites his reasons being that Musk already has his hands full running Tesla (NASDAQ:TSLA) and SpaceX. As a result, Musk won’t be able to give appropriate attention to running Twitter.

In a follow-up tweet, Black suggests that Musk should instead look for a CEO who shares his vision about Twitter. Somebody willing to work, knows the business, and can fix Twitter’s culture. Otherwise, Black comments that Musk being CEO would just be like the second iteration of Jack Dorsey.

While Elon could certainly do it, he’s already got a 24/7 job. It would be like [Jack Dorsey] Act II.

In response to the tweet, the crypto community mostly disagreed with Black’s sentiments. Users lifted Musk up and praised his skillset and vision – claiming that he was the man for the job. The Twitter community showed solidarity with Musk and placed their trust in him.

Gary Black’s tweet is in response to rumors that Elon Musk is to be Twitter’s temporary CEO after his takeover. This news came after Musk’s SEC filing that revealed he had secured $7.14 billion from equity commitments. Musk requires $21 billion in financing commitments to fund the purchase.

According to the SEC filing, there were 18 companies helping fund Elon’s takeover. Among these companies are Binance, VyCapital, Sequoia Capital Fund, and Lawrence J. Ellison Revocable Trust. These companies have provided the top contributions for the current $7.14 billion collected for Musk’s offer.

Continue reading on CoinQuora

Investment Adviser Rejects Elon Musk as Possible Twitter CEO
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email