![]() ![]() “Musk is the opposite of that, he often lacks maturity and knocks the train off the tracks.”Īfter revolutionizing the auto industry, sending his own rocket to space and building a fortune, the eccentric billionaire bought Twitter late last year and fired its top executives. ![]() “The CEO is supposed to be the mature member of the staff who keeps the train on the tracks,” Enderle told AFP. Shares of Tesla slumped after reporting a drop in quarterly earnings and hinting the Musk-led company could face further profit pressures from more price cuts on its vehicles.Īs Twitter, Tesla and SpaceX deal with turbulence, Musk is a common denominator, noted independent tech analyst Rob Enderle. Meanwhile, Wall Street stocks ended lower on Thursday following lackluster corporate results from electric vehicle maker Tesla and several regional banks. Starship malfunctioned and began spinning out of control, exploding four minutes after lift-off in what SpaceX euphemistically called a “rapid unscheduled disassembly.” Musk congratulated his SpaceX team on an “exciting” test of the next-generation spacecraft designed to send astronauts to the Moon, Mars and beyond.ĭespite the failure to complete the flight test and reach orbit, SpaceX and Musk, the founder and CEO of the private space company, declared it a success. Tesla has seen the amount of profit it makes on cars shrink as it cuts prices. Musk was looking to the sky as well, where the colossal Starship built by SpaceX exploded minutes after launch in Texas. Techsponential analyst Avi Greengart described Musk’s blue checkmarks as “receipts” rather than verification. Musk’s switch does away with verifying who is behind accounts, with the checks now simply indicating who has paid a monthly subscription fee. The platform had been providing free blue checkmarks to the accounts of high-profile users to show they were who they claimed to be. Twitter’s owner, Musk, who has seen his $44 billion investment in the site shrivel, had pledged to get rid of what he described as a “lords & peasants system.” Twitter began the mass removal of blue ticks on Thursday, with the symbol previously signifying a verified account vanishing from users including the Pope, Donald Trump and Justin Bieber. ![]() Musk has quickly gone from being an innovator few knew of to a “tech billionaire playboy who has almost taken the place of Donald Trump as a Twitter troll,” Selepak said. “Elon Musk has outsized capability to sway the news cycle,” University of Florida assistant media professor Andrew Selepak told AFP. Three utterly disparate stories dominated global news in a way that underlined the extraordinary influence of the one person who connects them all –- Musk. Elon Musk was at the news epicenter Thursday, from stripping Pope Francis of Twitter verification to Tesla’s drag on stocks and the explosion of the world’s largest rocket. ![]()
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