The Silicon Valley Bank Crisis has emerged as the biggest crisis in the banking sector since 2008.
New Delhi:
Silicon Valley Bank Crisis: On Friday, the US regulator ordered the closure of Silicon Valley Bank (SVB). The American regulator took this decision in view of the poor financial condition of the bank. After this move, it emerged as the biggest crisis in the banking sector since 2008. Due to the closure of this bank, where there was a sharp decline in the shares of SVB Group, there was turmoil in the markets around the world. Even for Indian investors and startups, trouble has come to the fore.
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Meanwhile, Razer CEO Min-Liang Tan made a tweet. In this tweet, he wrote suggesting that I think Twitter should consider buying SVB and turning it into a digital bank. Now as soon as this tweet surfaced, Twitter users started making more than one funny comment on it.
I think Twitter should buy SVB and become a digital bank.
— Min-Liang Tan (@minliangtan) Mar 11, 2023
At the same time, Tesla CEO Elon Musk gave his reaction on this tweet. He wrote in response to this tweet, I am open to this idea. In this way, Elon Musk has pointed towards buying Silicon Valley Bank.
I’m open to the idea
— Elon Musk (@elonmusk) Mar 11, 2023
Let us tell you that Elon Musk often remains in headlines for his tweets. He shares his views on such issues in an interesting way on social media. Now it seems from this reply of Musk that after getting the Twitter deal, this could be his new bet. Twitter users are speculating that Elon Musk may buy Silicon Valley Bank.