In today's world, we are surrounded by tech behemoths such as Amazon (AWS), Facebook,

Google but more recently another rather large company has been placed under the spotlight:
Twitter. Surprisingly, the company received a $42 billion deal from the CEO of Tesla and
SpaceX, Elon Musk. Now the question that arises is, will this benefit or drawback the
progress of Elon’s other companies?

Founded in 2004 by Evan Williams, Biz Stone, and Noah Glass, Odeo, a podcasting firm,
gave rise to Twitter. (Stone and Williams had previously worked at Google, and Williams was
the inventor of the well-liked Web publishing programme Blogger.) The leadership of Odeo
believed that the company could not compete with Apple and that a fresh strategy was
required when Apple announced in 2005 that it would include podcasts to its digital media
application iTunes. When asked about any intriguing side projects they were working on, A
short message service (SMS) where users may share brief blog-like updates with friends
was proposed by Jack Dorsey, a developer at Odeo. This was the first step in the
development of twitter into what we know today. Paired with good management skills by
Dorsey, twitter was able to take advantage of the growing craze for the Internet world. Slowly
but steadily, Twitter grew in popularity and evolved into the blue bird that we know today.

But, how is this twitter deal related to Elon’s other companies, mainly SpaceX and Tesla. It's
a simple economics fundamental, Musk threatened to end the acquisition earlier this year,
citing a significant number of bogus accounts and inviting a lawsuit from Twitter to finish the
sale at the original offer price of $44 billion. Musk had sold over $15 billion worth of Tesla Inc
(TSLA.O) shares earlier in the year to fund the deal. Which would put a sense of doubt
within the investors mind, it would make them think that Elon musk has to liquidate some
Tesla stock in order to purchase the Twitter deal. On a parallel effect, purchasing twitter
would boost it’s own stock because the Investors would believe that because Twitter is doing
well it is being bought by a larger company i.e. elon musk. This is a small glimpse into what I
believe is the current state of mind of a tesla/twitter stock investor.

Another aspect that I believe is crucial to discuss is simply about the person we know as
Elon Musk. One my ask “Is Elon Musk gaining a monopoly over the world?”. Now, I
personally believe that this question has a bit of ambiguity, Elon Musk is currently in 3
sectors. He is in aerospace, automobile manufacturing and now social engineering. Although
this might seem rather substantial other companies such as Amazon are in over 10 sectors,
dominating almost every one of them. So this proses the question: Should we be worried
about our future? Well, Elon Musk has signalled on multiple occasions that his goal for the
future is to

1. Make the world more sustainable - He achieves this by the promotion of EV’s
(Electronic vehicles), he also sells Solar Panels which are a sustainable source of
Energy.
2. Explore Possibilites for extra - terrestrial human residence - With his company
spacex, one of Elon’s goal for the future is to locate a proper place on Mars which is
suitable for the residence of Humans.

Now, that I have brought all of these factors into consideration I want to answer the big
question that I posed in the beginning of my Article. Will this affect his other companies. The
answer is simply that it will, him buying twitter will strengthen his monopoly over the social
market. Aswell as helping him promote his two companies, moving on to some immediate
impacts: Elon had to liquidate a lot of tesla stock in order to go ahead with the deal, this
automatically will impact the share price as it would drop in value. SpaceX investors have
already seen a 10% drop in the share price, a sign that signals the decreasing success in
the company as they failed to fix the raptor engine which they were working on. All in all, the
twitter deal will truly be an interesting deal to witness, I hope everyone reading with sit back
and relax as we witness one of the greatest deals of the 21st century.