Musk didn’t make the required disclosure until April 4. That revelation caused Twitter’s stock to soar 27% from its April 1 close to nearly $50 by the end of April 4′s trading, depriving investors who sold shares before Musk’s improperly delayed disclosure the chance to realize ...
But after he agreed on April 25 to buy Twitter, the stock within a matter of days began to fall as investors speculated Musk might walk away from the deal. With its tumble after the bell on Friday, Twitter was trading a...
If Musk were to get his way of absolute free speech he would not be able to act in a fiduciary capacity as a board member, hence the reversal and now attempted takeover. Despite the initial increase in the stock price, Musk creates substantially more risk than reward as a significant stak...
"Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board," Twitter CEO Parag Agrawal said on Tuesday morning. Twitter's stock has gained 35% since Musk revealed that he has taken a stake in the social media company, adding $980...
Musk buys Twitter stock as price surgesFacebook Twitter Comments Print Email By Anders Hagstrom FOXBusinessvideo Elon Musk should buy Twitter: Clay Travis OutKick founder Clay Travis reacts to Elon Musk hinting at launching a social media platform and weighs in on Saint Peter’s mak...
Twitter’s board and Tesla CEO Elon Musk is negotiating over his bid to buy the social media platform, The New York Times reported.
Elon Musk is no stranger to social media. The founder of Tesla (NASDAQ:TSLA), SpaceX, and a number of other startups has been tweeting up a storm for years. However, it seems that he's not too happy with Twitter anymore. In fact, he's thinking about crea
Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest shareholder in the company. News of the purchase sent shares of Twitter (TWTR) soaring 22% in early trading. Musk did not disclose what he paid for the shares, but his stake was wor...
Tesla CEO Elon Musk, who has expressed concern over protecting freedom of speech in the "de facto public town square" of Twitter, disclosed Monday a large stake in the social media company, sending shares soaring.
Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant. Shares of the microblogging platform fell 11.3 percent to finish at $32.65, with analysts saying Musk's exit places the...