Economist questions Musk's Twitter motives

The transcript discusses Elon Musk's acquisition of a company that has mostly been unprofitable, highlighting the $1.1 billion loss in 2020. Despite the company's financial history, Musk's purchase is seen as a move to expand his influence, similar to his ventures in Tesla, SpaceX, and other industries. The transcript draws parallels between Musk and Howard Hughes, noting the diverse portfolios and the potential for megalomania, while suggesting Musk may be savvier.

What is unusual about the company being acquired?

• It has been consistently profitable.

• It is a small-scale business.

• It made a significant profit in 2020.

• It has mostly been unprofitable.

How much is being spent on the acquisition?

• $1.1 billion

• $500 million

• $100 million

• $44 billion

In which industry did the entrepreneur first make his fortune?

• Automotive

• Tunneling

• Credit cards and PayPal

• Space exploration

Which of the following is NOT part of the entrepreneur's portfolio?

• Tesla

• SpaceX

• A fashion brand

• A tunneling company

Which historical figure is the entrepreneur compared to?

• Steve Jobs

• Warren Buffett

• Howard Hughes

• Bill Gates