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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, July 9, 2022

Elon Musk Reneging On the Twitter Buyout Offer


Elon Musk, Tesla's founder decided not to buy Twitter.

Apparently, Musk does not think Twitter offers excessive long-term value.

Twitter's user base is not growing very quickly and Twitter is not very profitable.

After the close of trading yesterday, Twitter's valuation stood at 28.129 billion USD.

In my opinion, Twitter's intrinsic value is 170 billion USD.



Why?

For in the moment news consumption, media campaigns, journalism, active blogging and quickly distributing information like wildfire Twitter is number 1.

All media people, investors, bloggers, avid news readers know this very well.

Twitter just has no "cool" factor, but this will change and Twitter's value will accrete exponentially.



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