Mark Gongloff, Columnist

Elon Musk Grabs Twitter Wheel, Aims for Cliff

His ownership of the social media giant is not off to a great start.

Goin’ great so far.

Photographer: Britta Pedersen-Pool/Getty Images

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Alexis Leondis has a piece today encouraging Americans to book their capital losses by year-end, to take advantage of the tax breaks you get when you take a bath on your investments. Personal note to Elon Musk: This advice may not apply to trashing a multibillion-dollar company you bought on a lark. To be safe, run the idea by @catturd2.