Elon Musk, the Chief Executive Officer of electric vehicle giant Tesla Inc, and the prospective owner of social media giant Twitter have sent a filing to the SEC noting it may exercise its rights not to consummate the Twitter deal anymore.
Twitter investors are out for Elon Musk, the Chief Executive Officer of electric auto manufacturer Tesla Inc for causing them some punitive damages.
The anticipated takeover of Twitter by Elon Musk, the CEO of Tesla Inc., was temporarily postponed as he waited to be briefed about the social media giant’s fake accounts.
Binance, a cryptocurrency exchange, has contributed $500 million to Elon Musk's takeover offer for Twitter Inc.
Dogecoin was last up to more than 20% after Elson Musk, the new boss of Twitter officially announced the acquisition of the social media platform for $54.20 per share (about $44 billion in total).
Negotiations between Elon Musk, the CEO of Tesla Inc., and Twitter’s eleven-member board were in high gear on April 25. Musk eyes purchasing the social media giant and making it private.
In the latest twist in the relationship between Tesla CEO Elon Musk and microblogging network Twitter, Twitter's board of directors has voted to activate the Rights Plan in response to Musk's $43 billion proposal to buy over the platform and take it private.
As confirmed by Parag Agrawal, the CEO of Twitter Inc, who announced on Sunday night that Elon Musk, Tesla's CEO, has decided not to join the social media company's board. The market has different reactions to Elon Musk's decision.
Twitter shares inked an awe-inspiring performance on Monday after regulatory findings show that Elon Musk, the Chief Executive Officer of Tesla Inc, and SpaceX have bought up a total of 73.5 million shares of the social media giant’s stock.
Regardless of Tesla's Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg reported.
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