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Social media and blockchain integration proposal rejected by Elon Musk

(Image Credit Google)
Numerous details pertaining to Elon Musk's purchase of Twitter have been made public online after the deal was finalized on October 28. These include a variety of topics, such as potential plans for content moderation, potential buyers, and much more. Elon Musk made desperate attempts to complete the $44 billion acquisition of Twitter with help from a cast of well-known Silicon Valley pals, according to a cache of messages published as part of the court dispute over his attempt to cancel the deal. The billionaire entrepreneur had conversations with Twitter's management and board, his Morgan Stanley advisors, potential investors like FTX CEO Sam Bankman-Fried, and unexpected backers like podcaster Joe Rogan, according to hundreds of messages between Elon Musk and his associates from the beginning of 2022. Social media and blockchain integration proposal rejected by Elon Musk When Musk bought a sizable stake in Twitter in March of this year, Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, expressed early interest in investing in the firm. On Twitter, he also indicated an interest in using blockchain. I'm not sure if this is what's on your mind, but my collaborator Sam Bankman-Fried has for a while been potentially interested in buying it and then making it better for the world, Will MacAskill, a Sam Bankman-Fried's advisor, texted Elon Musk on behalf of SBF. Social media and blockchain integration proposal rejected by Elon Musk Musk responded by questioning whether SBF has the substantial sum of money needed for the deal, to which MacAskill said that SBF was willing to invest between $8 billion and $15 billion over the Twitter Deal and that SBF was worth an incredible $24 billion. Other senior executives from the banking and cryptocurrency industries, FTX, also got in touch with Elon Musk to see if he might work with SBF, which had a big plan for integrating blockchain and social media.

By Saloni Behl

I always had a crush on technology that\'s why I love reviewing the latest tech for the readers.

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