The Twitter, Musk Affair: On Again, Off Again, On Again 10/5/22

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 5 October 2022

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Elon Musk’s deal to buy Twitter is back on track–but questions remain. Can he afford it, and does he have the time to run it? CNBC’s wealth reporter Robert Frank maps out Musk’s financial ability to complete the deal, highlighting the $6 billion he’s still short. If he scrounges together the cash to succeed, Musk biographer Walter Isaacson considers whether Musk has the time to run the platform, and offers insights into the billionaire’s desire to own the platform in the first place. It might, he suggests, be to create a “super app”; CNBC’s China Tech Correspondent Arjun Kharpal discusses whether Musk could turn Twitter into a “super app” like China’s WeChat. In this episode: Walter Isaacson, @WalterIsaacson Becky Quick @BeckyQuick Joe Kernen, @JoeSquawk Arjun Kharpal, @ArjunKharpal Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C.N.C. producer Cameron Costa.
0:07.0	Today on Squawk Pod, one huge story in focus.
0:12.0	The deal is back on. Elon Musk has agreed to buy
0:15.6	Twitter again if the world's richest man has enough cash.
0:19.8	C. And if he succeeds, how's he going to actually do the job?
0:34.1	Musk Biographer Walter Isakson.
0:36.7	He is every day at meetings about products at SpaceX,
0:41.4	Boring Company, Neuralurrelink, and Tesla, and I don't quite know how he's going to add
0:46.8	more hours to the day.
0:48.9	And what Musk is planning for the whole platform once he gets it.
0:52.6	I think he's got a really great vision for what Twitter can be.
0:57.0	It's Wednesday, October 5, 2022.
0:59.8	The Squawk Pod begins right now.
1:02.1	Stand Becky by in three, two, one, fuel.
1:06.1	Good morning.
1:07.8	Welcome to Squack Box here on CNBC.
1:10.1	We're live from the NASDAQ market site in Times Square.
1:12.8	I'm Becky Quick, along with Joe Kernan.
1:14.6	Andrew is off today.
1:16.2	I'm sure you've heard the news by now if you haven't.
1:18.2	Twitter shares closed higher by more than 22% yesterday,
	...

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