Technology
Even Elon musk doesn’t think he can fix MoviePass
Bill Pugliano / Stringer / Getty
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Elon Musk has an established penchant for fixing
problems. -
But the ailing movie-ticketing app MoviePass is not one
of them. -
The Tesla and SpaceX CEO jumped into a brief exchange
on Twitter Tuesday evening after one use asked him if he could
fix MoviePass. - “No,” Musk replied.
Elon
Musk, the billionaire CEO of Tesla, SpaceX and the face of
several other burgeoning Silicon Valley enterprises, has a
demonstrated penchant for fixing problems.
The ailing movie-ticketing app
MoviePass is not one of them, as noted in a brief exchange
between Musk and a Twitter user on Tuesday.
When asked whether he could fix MoviePass, which has experienced
a roller coaster of outages, and a cash shortage, Musk said
no.
Here’s how that exchange went down:
MoviePass has been on a wild ride of late, due in part to the
company burning through massive amounts of cash.
It temporarily ran out of money days ago, prompting service
outages.
Parent company Helios and Matheson Analytics borrowed $5 million
to get the service back online, and on Tuesday, it announced it
would
raise the monthly subscription price for MoviePass to $14.95.
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