Twitter (TWTR) stock is to be suspended on NYSE as Elon Musk nears the takeover. "Twitter is now called X and I have invested in the private company. Tesla (TSLA) and SpaceX investors will have to get used to Elon Musk being the CEO of Twitter. He is trying to create a more neutral space within social media. Elon Musk is focused on making Twitter a better platform for users and advertisers by solving the bot issue and verifying users. Also, he is planning on implementing a subscription model where advertisers will become a secondary source of revenue. Finally, Musk plans to create a creator economy around Twitter," says Ross Gerber.
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