In April, Elon Musk announced the $44 billion acquisition of Twitter. Later in May, he said the deal was temporarily on hold as he asked for details on the number of the social platform's spam and fake accounts. Sou...
The document shows that Musk is promised to have financing of US$46.5 billion to acquire Twitter. Musk pledges to pour in US$33.5 billion for the acquisition deal as well, including US$21 billion worth of shares and US$12.5 billion of margin loan. In addition, several banks, including Morg...
Musk is reportedly considering a tender offer to acquire Twitter. The document shows that Musk is promised to have financing of US$46.5 billion to acquire Twitter. Musk pledges to pour in US$33.5 billion for the acquisition deal as well, including US$21 billion worth of shares and US$12.5 ...
Musk’s acquisition of Twitter was celebrated by the right-wing in the United States as he is considered an ally who wishes to ensure the “freedom of speech” in the country. When Trump’s account on Twitter was banned, Musk had stated on social media that “a lot of people are going...
Since Elon Musk completed hisacquisitionof Twitter and took the company private on 27 October 2022, there has been widespread speculation as to the platform’s potential fate. Many observers have focused on a purportedexodusof advertisers, while other pundits haveforecastthat users will abandon the ...
Elon Musk on Friday suggested he was putting his acquisition of Twitter on hold to try to figure out if Twitter is underreporting the number of fake accounts it has. Musk said his team was picking the Twitter official account and looking thr...
Earlier in October, Musk had a change of heart and said he wanted to pursue his acquisition of Twitter at the original price of $54.20 a share if the social messaging service dropped its litigation. Distrustful of Musk’s motivations, Twitter’s lawyers said that the Tesla CEO’s “proposal...
Twitter and Musk are due in court Oct. 17 for a trial that will decide whether the world's richest man will be forced to complete his agreed-to $44 billion acquisition of Twitter. The documents were first revealed on @chancery_daily, a Twitter account that closely follows the Del...
Elon Muskled a $44 billion acquisition ofTwitterand appointed himself CEO there in late October. Ever since, he has enlisted high-ranking executives and engineers from his other businesses, including SpaceX,Teslaand The Boring Company, to help out at the social media company, according to int...
NewTwitterownerElon Muskhas pulled more than 50 of his trustedTeslaemployees, mostly software engineers from the Autopilot team, into his Twitter takeover, CNBC has learned. Musk, who is CEO of automaker Tesla and reusable rocket maker SpaceX, completed the $44 billion acquisition of Twitter o...