this post was submitted on 20 Jun 2024
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Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges (futurism.com)
submitted 5 months ago by RedditEnjoyer@lemmy.world to c/technology@lemmy.world
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[–] sugar_in_your_tea@sh.itjust.works 2 points 5 months ago

There's only so much you can do to move $40B of stock, and he didn't think Twitter would actually accept, so he had to scramble a bit. He was caught between various SEC rules, which was his own doing, but it does explain the behavior.