Elon Musk’s single comment has led shares of social media to drop by 1.2% see what it is
Elon musk is well-known in the world for his outspoken and witty behavior. His previous comments have already caused several shocks that even once led WhatsApp to lose its share price. This time he has made a comment on Twitter.
Twitter has already been hanging between its stakeholders and Elon Musk. Musk wants Twitter to go down in terms of price but Twitter stakeholders are not ready to sell it for that low. Recently he said that he said he would be cutting the workforce by 75%. It means retaining only the scaffold of the workforce. This has led to a drop in the price of shares on social media.
Shares of meta have dropped after this comment by 1.2%. Not only are those employers of Twitter counting each second after this decision. So it would be interesting to see the fate of Twitter and this low-hanging sword.