Even Elon musk doesn't think he can fix MoviePass
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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.
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.
@elonmusk can u fix moviepass
- #1 samir (@samir) July 31, 2018
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