A man has to be more careful when he has wealth. In fact the opposite happens, he believes that with this much capital he can do whatever he wants now and the money will last forever. becomes careless. The speed of becoming rich increases so much that sometimes one loses control from the steering wheel. The crashing sound of the crash is a loud one, heard by the whole world. This is what happened with Vijay Mallya and some other cases in India. Time has come for Mallya to go to jail in Britain.
Currently, Tesla car company owner Elon Musk’s purchase of Twitter company and cancellation of the purchase is being discussed in the world. Elon Musk does not like a luxurious life. Unlike Mallya, he did not inherit billions of wealth from his father. Through hard work, courage and intelligence, he has become the world’s first rich man from Adana, and is still at the top despite heavy losses recently. Although his nature cannot be compared with Vijay Mallya, the results that come many times, if any decision is taken without calculating the circumstances, it has been proved in the life of Vijay Mallya. It has been proven in the life of many decision-makers before, it is happening, it will continue to happen but the last best example of that situation is Elon Musk.
The news made world headlines when Elon Musk bought the Twitter company. There would not have been such a discussion if a more serious company had bought El than Twitter. It would have been noted in the trade press. But Twitter is the square of the world. A man from great to great can express his views, opinions through Twitter. Their opinions are noted. Whatever leaders want to say, good or bad, say it through Twitter. Many leaders, social, anti-social elements vent their anger, mental garbage, anxiety, impulse etc. through Twitter.
Many people get upset and demand that Twitter be controlled. Twitter has to do this. One has to walk on a double-edged sword. Some face accusations of trying to silence their voices. The Twitter company itself is often accused of being biased. Twitter officials have been hounded before the parliaments of different countries to make statements and listen to the rebukes of the parliaments. So there is a big difference between running another company and running Twitter or Facebook.
Earlier it was said in the world that people who have other business should not publish newspapers because if they publish they cannot remain independent. Other industries come under pressure from the government. However, nowadays the news media in the world, including America, openly side with some party and get financial benefits when their turn or opportunity comes. As the focus news media in America is out and out with the republican party. If necessary, it also broadcasts news without sufficient investigation. This is done by both parties.
Twitter is an independent and conscious company. Elon Musk calls himself a defender of democracy and freedom of speech, but does business in a China where lip-syncing is mandatory. Musk wanted to give Twitter’s platform complete freedom. Twitter will not come in anyone’s hands. He expressed a wish that Musk’s staunchest opponents should also be members of Twitter. Oppose Musk. But Twitter isn’t just for the big-hearted like Musk, and just criticizing Musk isn’t going to cut it. Hundreds of autocrats, dictators, princely rulers of the world are not liked to be criticized even on Twitter.
They, especially Xi Jinping, Putin, the sultans and kings of Saudi Arabia, UAE etc. seem to be letting their regimes sway. Can Alan Musk’s companies Tesla, SpaceX, etc. do business in this global market by keeping Twitter at home? Where his business is already well established. If Musk keeps Twitter, the company’s platform will have to be smart and cautious with the times. The threat of different regimes has to be accepted or Twitter becomes a slave and remains independent, other profitable businesses have to be closed one after another and there is no special issue in which Twitter’s platform remains in hand. The company does not make a profit that the world needs to notice.
By adopting Twitter as an ornament, Elon Musk incurs an unnecessary waste of money and time, which Musk does not have. You have to rush to douse the fire of many controversies. No product of pie, no leisure of hours. This epiphany hit Elon Musk when he thought quietly after feverishly buying Twitter. Mathi Dasha would not have been sitting if the light had spread in the mind of Uddhav Thacker before he formed the government. Allan became aware of the impending troubles. He realized that there is no need to spend billions of dollars to bring burning problems into the home, so he started Thagathiya.
Initially, Musk said that the number of fake Twitter users is staggering. We will proceed with a thorough investigation and audit. On the other side, the young, sharp and fit, Mumbai-based head of Twitter, Parag Agarwal, acted with alacrity in a very dire situation. When Musk suddenly announced the purchase of Twitter, many questions arose. Will Agarwal be kept as the head of Twitter? Now what about Parag Agarwal? But Parag sustained the morale of the company’s staff in a way that will always be noted.
Allan’s impatience, recklessness, the power of money have triumphed over Pollen’s patience, tact and honest policy. The company never succumbed to Musk’s submissions. Ultimately, Elon Musk has to cancel a one-sided deal after incurring a loss of around one billion dollars (roughly Rs. 7800 to 7900 crores). Ever since Musk adopted excuses and excuses, the Twitter company and the world understood that Musk now wanted to pay back. Twitter took a strong stance that now Musk must buy the company. Appropriate answers and explanations were given to every question. Now if that doesn’t satisfy Musk, then there is something to wake up.
A few months ago, Elon Musk agreed to buy Twitter at a price of 54 dollars 20 pence, a total of 44 billion. At that time, there were direct and indirect attempts to get Elon Musk to leave the chase, but now Musk himself wants to escape from the deal. The Twitter company then says that Musk cannot escape from the deal that way. Twitter is ready to file a lawsuit against Allen in Delaware city court. However, in all this turmoil, Twitter company has lost the passion of the work force and employees.
Twitter will suffer more by getting caught up in the legal process. Huge legal fees have to be paid. It is possible that to avoid all that hassle, a compromise with Musk will be made and Musk will buy Twitter for a small amount. Elon Musk’s companies have lost more than $50 billion in the stock market this year. Allen has faced this situation before. They may have had to lose money, but they also have to lose money, reputation and business prospects in buying Twitter.
Parag Agarwal has two advantages. Even if Musk does not keep him as the head of Twitter, Twitter will have to pay Agarwal 62 million dollars under the golden parachute contract, which would be close to 500 crore rupees in Indian rupees. Getting this amount of money is also an achievement and Parag Agarwal can start a business on his own or there is a possibility of becoming the head of any other good company as he has proved his ability. Fighting this case will not be easy even for Elon Musk.
It is quite possible that he will lose. When Musk announced the purchase of the company, Twitter’s stock price rose slightly, and the stock price has since fallen. Musk is backing down now that the company’s infrastructure has suffered significant damage, and Twitter’s value will fall even further. Musk will also appear in court with some evidence. If Twitter proves that it has violated some conditions, it may win in the court, but it is true that in the future, Alan Musk, sitting in the rocket of SpaceX, will think about me from space before joining any company. In this rush of Twitter, their own parent companies have also suffered a big loss. The next battle, on and off the court, will be interesting. Which will be continuously discussed on ‘Twitter’ only. Even if Twitter is in anyone’s hands.