Musk’s decision became trouble, a tweet caused a loss of 1223 billion to the company – The Facts

Shubham Bangwal November 13, 2022

380 1 minute read

Musk’s decision became trouble, a tweet caused a loss of 1223 billion to the company – The Facts

With the acquisition of Twitter, Elon Musk is doing something or the other that he is getting surrounded by controversies or the other. But this time one of his decisions has caused him a lot of trouble. His decision to charge money for Twitter’s verified account is now turning into trouble. Actually there are many users who got the blue tick after paying $ 8 to verify the fake account.

It is being told that someone created a fake account in the name of America’s leading pharma company Eli Lilly and got it verified by paying $ 8. After getting the blue tick, that verified account tweeted that ‘insulin is free now’. People assumed it to be a tweet by the real Eli Lilly. After which his stock fell sharply. Due to this the company lost $ 15 billion (about Rs 1223 billion).

Even by creating a fake account in the name of Elon Musk’s company Tesla, users got verified and tweeted from him.