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Elon Musk Pulls Out of Twitter Buyout Deal

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Posted By: Imright, 7/8/2022 10:08:43 PM

SpaceX and Tesla CEO Elon Musk has declared his intention to pull out of his proposed $44 billion deal to take over the far-left social network Twitter, following months of back-and-forth between Musk and the company’s board. In a filing, lawyers representing Musk said the pullout was due to Twitter failing to respond to requests for information on the number of bot and spam accounts on the platform, Reuters reports. Twitter shares fell six percent on the news.

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Reply 1 - Posted by: snakeoil 7/8/2022 11:13:15 PM (No. 1210520)
Guy is smart. He got millions of dollars in free publicity and in the end it costs him nothing. And he terrified every employee of Tweeter. Now if he would just makes cars that run using fossil fuels. The one fossil I'd like to put in my tank lurks in the White House.
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Reply 2 - Posted by: Rumblehog 7/8/2022 11:16:38 PM (No. 1210528)
Hahaha! Now watch as Twitter sinks to below $10/share on Monday, as it's now known how hyperinflated their stock value had become with all their BOTS pumping up the numbers. It's gonna be hilarious to watch as the Wall Street 'sharks' circle the Twitter 'corpse' to take a chunk of flesh bit by bit. It's all but over now.
4 people like this.

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