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

Beijing, December 21 (Xinhua) it is understood that Aliya Capital Partners LLC is one of the largest investors in Elon Musk's acquisition of Twitter for $44 billion. Twitter is expected to earn as much as five times its revenue, despite its problems, it said on Tuesday.

Musk wrote earlier this week that Twitter has been on the fast track of bankruptcy since May. After taking over Twitter, Musk released an opinion poll and said he respected the results. The result seemed to surprise Musk, with 58 per cent of the vote saying he should resign as CEO of Twitter.

Musk is in charge of Twitter and there has been a lot of trouble. When a large number of advertisers left or even were voted out, Aliya CEO Ross Kestin said in a statement, "We believe Twitter will generate a return of 4-5 times within a few years, and the downside risks are relatively limited." He said Musk's other achievements at Tesla (TSLA.O) and rocket developer SpaceX were the source of his confidence in the billionaire entrepreneur. Musk has not yet responded to this. It is reported that Aliya also invests in SpaceX.

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