Elon Musk said he’ll proceed with his $44-billion takeover of Twitter only if the social media giant can substantiate claims about the proportion of bots on its service.
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Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter, saying a viable deal at a lower price wouldn’t be “out of the question”.
SpaceX employees are offering to sell shares via a private placement that would value the firm at $125-billion, sources said.
Elon Musk put his $44-billion deal for Twitter “temporarily on hold” on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.
Tesla CEO Elon Musk will stay at the electric car company as long as he is useful amid investor concerns that buying Twitter would distract him from his job at Tesla.
Billionaire Elon Musk said he will reverse Twitter’s ban on former U.S President Donald Trump when he buys the social media platform.
For the past six years, Jared Birchall has served as the right-hand man for Elon Musk, handling the fortune and whimsies of the world’s richest person.
Elon Musk has secured $7.1-billion in funding from a group of investors that includes Oracle co-founder Larry Ellison to fund his $44-billion takeover of Twitter.
If Elon Musk gets his wish, then even more of us will be paying attention to him and his companies.
Elon Musk said Twitter might charge a “slight” fee for commercial and government users, part of the billionaire entrepreneur’s push to grow revenue.