We have already written that the billionaire is currently trying to reduce his share of the amount he has to pay for Twitter and is looking for investors who would agree to share this financial burden with him. In meetings with potential investors, he announced his plans to put the company back on the stock market in a few years.

what is known

• The Wall Street Journal cites its own sources, but does not name them.
• According to them, A potential IPO could take place as early as three years from the date of purchase.
• The newspaper writes that mutual funds often take companies private to get them out of shareholder control, and then re-listed for five years.
• Mask’s plans should convince investors that the social network will improve its business and profitability.

In April, Reuters reported that Musk plans to cut payments to Twitter’s management and find new ways to monetize the social network, such as pricing sites that link to social media posts. On May 4, the businessman admitted that the social network will be paid for advertising and government accounts.

“Twitter will always be free for regular users, but maybe for a small fee for business/government users.”

In addition to wanting to make the social network less censored and stricter in terms of content moderation, Musk did not share specific plans for the company. At one point, he seemed to be saying that he didn’t care if he was making money off the deal.