Bill Ackman's Ambition Soars: New Investment Vehicle Targets Musk's X

Published on 18 Oct 2023 on Benzinga via Yahoo Finance

Bill Ackman's Ambition Soars: New Investment Vehicle Targets Musk's X

X, formerly Twitter, has been one of the most controversial companies since its takeover by billionaire polymath and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk for $44 billion last October.

The company's revenue has declined substantially since Musk incorporated radical changes regarding data sharing and censoring on X, adversely impacting user engagement significantly.

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Bill Ackman's Ambition Soars: New Investment Vehicle Targets Musk's X

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