Microsoft founder Bill Gates questions Elon Musk’s move to buy Twitter, says he could ‘make it worse’


Microsoft founder Bill Gates has shared his thoughts on Elon Musk’s move to finally acquire Twitter for $44 billion. Speaking on the sidelines of The Wall Street Journal CEO Summit earlier this week, Gates said he was unsure how he would transform the micro-blogging platform if Musk took ownership of the platform. He also shared concerns about the spread of misinformation on the platform.

At the event, Gates acknowledged that the Tesla CEO has a “mind-blowing” track record at other companies. He also said that Musk did a good job of putting together a team of engineers at companies that primarily include Tesla and SpaceX. He remains unsure, however, if he will be able to pull it off again.

On this occasion, the Microsoft founder said, “I doubt it will happen this time, but we should be open minded and never underestimate Elon.”

Additionally, Gates questioned Musk’s intentions to purchase the platform. “What are his goals for what he’s doing? Does it match this idea of ​​a less extreme lie spreading so quickly? [and] Weird conspiracy theory? Does he share that goal or not?” Gates asked.

“How does he feel about something [on Twitter] Who says ‘vaccines kill people’ or ‘Bill Gates is tracking people?'” he added.

Gates’ statement comes shortly after Musk accused the Microsoft founder of short-selling Tesla shares. Selling a company’s shares short means that investors are expecting the price of the shares to fall. “I’ve heard from many people at TED that Gates still has half a billion less than Tesla, so I asked him, so it’s not a secret at all,” Musk wrote in a tweet. He shared a tweet mocking the founder of Microsoft in a tweet.

Elon Musk announced last month that he was buying Twitter, valuing the company for $54.20 per share, roughly $44 billion. Before that, Musk was expected to put in $21 billion in cash for the deal. In addition, he was expected to take loans against his Tesla shares. But now, he has managed to garner $7.1 billion from investors willing to be a part of the deal. The list includes Lawrence J. Alison Revocable Trust, Binance and Sequoia Capital Fund.

Microsoft founder Bill Gates questioning Elon Musk’s move to buy Twitter, saying he could ‘make it worse’ first appeared on BGR India.

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