Where a wounded Twitter goes from here

After three months of Musk’s vacillations and tweets, Twitter as an organization and a service has been seriously injured.

Employees at companies coping with this kind of takeover fight are at best highly distracted. At worst, the talent flees.

The company’s stock has also taken a battering, on top of the general market slide.

The prospect of a titanic court battle won’t help Twitter’s leaders get more done…

With the stock down considerably from Musk’s original price, and no clear internal plan to reach that valuation, the company could also be on the lookout for another buyer.

But regulators’ newly aggressive anti-merger policies likely rule out many of the acquirers who might have the resources to get Twitter on track.