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Bloomberg Tech

Potential Twitter Changes Under Musk and Starlink's Launch

Bloomberg Tech

Bloomberg

Tech News, Business News, News

4.469 Ratings

🗓️ 30 April 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

 Bloomberg's Emily Chang wraps up the week with a closer look at the deal between Elon Musk and Twitter and at earnings highlights. Plus, SpaceX's Starlink launch goes off without a hitch. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:23.7

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide.

0:37.0

In Silicon Valley and beyond, this is Bloomberg Technology with Emily Chang in San Francisco and this is Bloomberg Technology coming up the next hour

1:00.2

Tech stocks plunge. Amazon shares having their worst day since 2006,

1:05.8

the NASDAQ sinking.

1:07.2

We will pinpoint the biggest pain points

1:09.8

for big tech going forward.

1:12.2

Plus, Elon Musk sells 8.5 billion dollars worth of Tesla shares to pay for Twitter,

1:16.6

but he's still got to come up with billions more.

1:19.0

Tesla shares are down 24% since he disclosed his Twitter stake and Twitter shares are trading lower than his offer price.

1:26.0

Can Musk make the tricky math add up?

1:30.0

And over to Musk's other company, we are watching the SpaceX rocket about to take off from Cape Canaveral.

1:36.5

It is poised to make history, marking the fastest turnaround time for a

1:45.0

time, meantime for tech investors,

1:46.0

worst start to the year in two decades.

1:49.0

If you take a look at the bigger picture,

1:50.0

as Taylor mentioned, the Nausack 100 hammered this year wiping out more than

1:54.4

1.8 trillion dollars in value in April alone. How much more volatility will the

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