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Elon's Twitter Acquisition Can Take a Big Toll on Tesla and SpaceX – Analytics Insight

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Elon Musk’s Twitter takeover, which is certainly the most talked-about issue at this moment, is a settled fact. But what is also under speculation is what will be the possible impact of this act not just on the tech world in general but also on the specific instances of Tesla, SpaceX, Boring Company, and Neuralink, all owned and managed by Musk. All of them are genetically and functionally different from Twitter. The very first question that comes up is whether with so many large companies at his disposal Elon Musk will be able to allocate adequate time for each of them. The question assumes particular significance as all the companies are dear to him, by his own admission. There are, however, some observers who think that Musk’s latest preoccupation with Twitter and his firm resolve to make multiple changes to the microblogging site are going to take away much of his time and will have an adverse effect on Tesla and SpaceX.
Some of those who have worked with Musk, such as Garrett Reisman, a former NASA astronaut, and senior executive with SpaceX, in an interview on YouTube, have confirmed that it will not be difficult for Musk to manage as he “works harder than anyone else in his companies” and not just that, he has an astonishing grasp over all subjects— from economics to engineering. Those who believe that Musk can still manage it, have another argument in his favour. It is that Musk has set up teams in each company, with extremely knowledgeable and competent personnel to run the show and interact with investors. But doubts are being raised by those who are not part of the Musk contingent.
Even hardcore Musk admirers admit that he has huge responsibilities at hand. Tesla is a top leader in the electric-vehicle market but it also is facing stiff competition. While Tesla shares have seen a slightly upward turn in the post-Twitter takeover period that does not mean that it will stop investors of the company from raising questions about Musk’s obsessive engagement with Twitter as the microblogging site. For some time now the Tesla investors were raising some issues reflecting their concern with the management of the company. Tesla is going strong but there is no evidence that its investors are bent on welcoming Musk’s Twitter bid with open arms. Even when Musk bought a 9.2 percent stake in his first Twitter bid questions were being raised about his time management on the microblogging site and other two companies. SpaceX also needs much of Musk’s time as it has not only the challenging task of manufacturing rockets for NASA and running Starlink, a satellite-based internet service, but also perhaps the most challenging task that it has at its disposal— of putting human beings in planetary spaces.
There is no doubt that Musk is keeping track of the discussions about his time allocation in flagship companies in the wake of the Twitter acquisition with Tesla and SpaceX. Only time can tell to what extent he can do it if he can do it at all.
 
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