Shulou(Shulou.com)11/24 Report--

Beijing time on December 2 morning news, Musk has been in charge of Twitter for some time, if you use two words to describe this time, it is "turbulence". After large-scale layoffs, some employees were invited back, their accounts were suspended and their accounts were restored, and some celebrities withdrew from Twitter angrily.

Can Musk really lead the revival of Twitter? Will he fail? At least James Gorman (James Gorman), CEO of Morgan Stanley, has faith in Musk.

"I won't bet on Musk," Gorman Gorman, CEO of ▲ Morgan Stanley, said at a conference in New York. He thinks Twitter is a great company and Musk is an outstanding manager. Gorman visited the Tesla factory in Los Angeles.

Morgan Stanley and other banks provided $13 billion in loans to Musk to help him buy Twitter. Now the banks are trying to sell the debt to investors, but investors seem hesitant. Why? Because Twitter itself is burdened with debt, Musk's unusual operations make it difficult for investors to value Twitter.

The banks, who see Mr Musk as an important customer and give money to help, are now losing money with a debt that is hard to sell.

"institutions like ours are not idiots," Gorman said. "if it wasn't for real business and opportunities, we wouldn't be behind it." Gorman believes that Musk is on a par with some of the most interesting entrepreneurs of the past 50 years, such as Jobs and Gates. "if someone has such extraordinary ability, who doesn't want to do business with him?" he said. "if an organization gives up such an opportunity, it should be shameful."

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