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Börse Express - DGAP-DD: Zalando SE (German)

Börse Express – Press comment: “Stuttgarter Zeitung” on Elon Musk’s purchase of Twitter

STUTTGART (dpa-AFX) – “Stuttgarter Zeitung” on Twitter Purchase by Elon Musk:

“For user Musk, Twitter has been a PR machine and a playground for adventure. What he wants as an owner is still very much a mystery. Of course, Twitter should remain his megaphone, but he also promises his critics the open channel. He is also not interested in economic success,” As he says. Given his massive monetary commitment, it is inconceivable that he would accept losses in the millions from Twitter, which lags far behind competitors such as Facebook. Musk has shown at Tesla that he can carve out a company for the proceeds. For all his self-love “He’s a talented entrepreneur. Assuming optimistically that both advertisers and subscribers are likely to move away from a brutal extremist environment, this may be Twitter’s best hope at the moment.” / ra / dp / ja

AXC0006 2022-04-27 / 05:35

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