Elon Musk comes to Larry Ellison's rescue as Oracle founder pledges $1 billion investment for Twitter. (REUTERS)News 

Elon Musk Assists Larry Ellison in Resolving Twitter Password Issue

Elon Musk unexpectedly helped his close friend and Oracle co-founder, Larry Ellison, when Ellison was locked out of his X (formerly Twitter) account due to forgetting his password. This act of friendship occurred as Ellison committed a generous $1 billion towards Musk’s ambitious $44 billion acquisition of Twitter, now known as “X.”

Walter Isaacson’s Insider Account

Larry Ellison, who hasn’t posted a tweet since 2012, showed his commitment to the social media platform because he saw its importance in providing real-time news and promoting a healthy democracy. “It’s a real-time news service, and there’s really nothing like it,” Ellison remarked to Walter Isaacson, the author of an upcoming Musk biography, in an excerpt published by The Wall Street Journal. He believed in the importance of Twitter, which led him to make significant investments, Business Insider reported.

Walter Isaacson, who spent two years closely investigating Elon Musk, revealed that he himself stepped in to help Ellison reset his Twitter password. Despite being friends with Musk for a long time before the Twitter deal, Ellison’s dedication to the platform and its potential impact on society motivated him to support Musk’s efforts.

Challenges and unpaid bills

Elon Musk, Tesla’s co-founder and CEO, had support from Ellison throughout Twitter’s tumultuous acquisition process. When Musk had second thoughts about the deal over the past year, Ellison stood by him and engaged in late-night talks to resolve the situation. Musk’s $44 billion deal to buy Twitter was temporarily put on hold during that time, according to court filings.

Despite their friendship, however, Ellison’s Oracle faced challenges related to unpaid expenses from Musk’s Twitter company, now known as X. Reports indicate that Oracle and other service providers such as Google and Amazon missed payments for their services. . Musk’s refusal to pay various bills as well as office rent raised eyebrows in the business world.

Related posts

Leave a Comment