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Twitter’s Elon Musk Problem

The Daily

The New York Times

News, Daily News

4.597.8K Ratings

🗓️ 14 April 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Elon Musk’s recent investment in Twitter has turned a high-profile and frequent user of the platform into the company’s largest stakeholder. At first, the involvement of Mr. Musk, the C.E.O. of Tesla, was seen by the social media giant as a chance to gain a powerful ally. Instead, Twitter’s fate has suddenly become much harder to predict. Guest: Mike Isaac, a technology correspondent for The New York Times.

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0:00.0

Today's episode of The Daily is sponsored by BetterHelp.

0:03.5

Why not take the next 10 seconds to focus on your breath, whatever you are doing, wherever

0:08.1

you are.

0:09.1

Breathe in.

0:10.9

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0:12.5

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0:17.4

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0:21.2

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0:23.6

Listeners get 10% of their first month at BetterHelp.com slash daily pod.

0:28.4

From a New York Times, I'm Michael Bavaro.

0:37.2

This is The Daily.

0:41.2

Elon Musk is now the biggest shareholder in Twitter.

0:47.6

Elon Musk just disclosed the purchase of over 73 million shares of Twitter.

0:53.2

That makes him a nine-year-old.

0:54.5

Last week, when the billionaire entrepreneur Elon Musk made a major investment in Twitter.

1:00.8

This is technically what's called a passive stake at the moment, but I don't think Elon

1:05.1

Musk does anything in a passive way.

1:07.0

I think this is the beginning of something bigger.

1:10.4

It was seen as a chance by the company to turn the business world's most unpredictable

1:15.6

man into an ally.

1:18.3

Instead, it has plunged Twitter into a very public drama over its future.

1:27.3

I spoke with my colleague, Technology Reporter Mike Isaac.

...

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