Twitterverse is on the chopping block as Musk considers backing out of takeover deal
Elon Musk, made headline-breaking news last month when he announced his bid to buy social media platform Twitter last month. However, after agreeing to the purchase for nearly $44 billion dollars, it appears that he has some issues with going forward as planned.
Is Twitter Stock a Good Arbitrage Here?
On April 25, Twitter (NYSE: TWTR) agreed to allow Elon Musk to buy the company for $54.20, or $44 billion in cash. The problem is the stock trades for just $40.72 as of May 13. On April 21, right before Musk disclosed his stake of 9% in TWTR stock, it traded for $45.51, much higher than the stock today.
Elon Musk Temporarily Suspends Twitter Acquisition
Before a takeover, Elon Musk wants to know whether there is only a small percentage of so-called spam accounts on Twitter. Elon Musk has temporarily suspended the purchase of Twitter. This emerges from a recent Twitter post by Musk. He first wants to wait for calculations that less than five percent of all Twitter accounts are used for sending spam messages. Musk says he remains interested in acquiring Twitter.
Elon Musk reveals 5 coming changes to Twitter, to investors.
Mr. Elon Musk has been issuing notice on about his intentions to acquire Twitter and take it private. Previously, Musk found himself subjected to a Security Exchange Commission (SEC) over a Twitter post planning to take Tesla private, in 2018.
(Opinion) Why Elon Musk Won't Really Bring Trump Back to Twitter
photo of Twitter on Phone on tablePhoto by Jeremy Bezanger (Unsplash) Recently, Elon Musk said that if he does purchase Twitter, he will reverse Twitter’s permanent ban of former President Donald Trump. But he is only saying this to make the deal go through and to please the market.
Musk To Be Interim Twitter CEO After $44 Billion Buyout
CNBC reported on Thursday that Elon Musk is set to become Twitter’s interim CEO after finalising his $44 billion buyout of the social media company, as the billionaire gets closer to securing funding for the deal.
Miami’s Mayor Invites Twitter To Relocate to the City Just Days After Governor DeSantis Stated It Wasn’t His Priority
Tension between two of the state's Republican leaders?. Tweet neon signPhoto by Chris J. Davis on Unsplash. On May 3 it became apparent that Governor Ron DeSantis of Florida was not interested in attracting Twitter to relocate their corporate headquarters from to the sunshine state. Gov. DeSantis stated that "importing 'some tech company' from San Francisco (was) not high on our list", in spite of the fact that Florida's CFO, Jimmy Patronis had launched a charm offensive to lure the tech giant to Florida.
Twitter's Board Says Yes to Selling To Elon Musk
Elon Musk has in recent days distributed a pitch deck to investors outlining his grand plans for Twitter.Joe Skipper/Reuters. In a move that has the internet reeling, Elon Musk has taken over Twitter. Well, in paper. The deal might take close to 6 months to go through.
Elon Musk changes Twitter avatar to Bored Ape Yacht Club's NFT
Elon Musk, founder of Tesla and now owner of Twitter, changed his Twitter profile picture on Wednesday to a Bored Ape Yacht Club (BAYC) NFT, the most famous collection of NFTs.
Gov. DeSantis on Attracting Twitter to Florida: “Importing Some Tech Company From San Francisco Not High on Our List”
Governor Ron DeSantisGage Skidmore, United States of America, CC BY-SA 2.0 via Wikimedia Commons. On May 3 it emerged that Florida's Chief Financial Officer, Jimmy Patronis has started a campaign to lure Twitter to relocating its headquarters from California to Florida. It seems though, that Governor Ron DeSantis is less keen.
Trump’s Truth Social and Musk’s Twitter: Is Free Speech Too Dangerous?
While news media and social media alike buzzed frenetically with the seemingly earth-shattering news that Tesla titan Elon Musk had agreed to purchase Twitter — the wildly popular social media platform boasting over 200 million daily users— for a whopping $44 billion, another social media app has quietly slipped into the #1 spot downloads from the App Store.
Soon, It's Possible We May Have to Pay for Twitter
You might be surprised at what others said when I polled them across social media. An external photo of the author's phone.Photo by Author Kurt Dillon. First, I have to start by saying that I’ve been fascinated with this pending acquisition since I first heard rumors of it.
Elon Musk's Twitter Assignment
Elon Musk – the richest man in the world - is known to make headlines often. Space flights to Mars missions and now on to Twitter, the musk-buzz is quite omnipresent. Elon Musk has many jobs to juggle. He is the founder, CEO and Chief Engineer of SpaceX, CEO and product architect of Tesla, Inc. In addition, Elon Musk is also the founding member of The Boring Company and X.com (part of PayPal) Co-founder of Neuralink, OpenAI, Zip2, and President of the Musk Foundation. As Musk remains at the center of innovation and technology as well as controversy, what he is also looked up for are his rather interesting tweets. Elon Musk’s Twitter personality can be erratic and ranges from politics to business to promotions. Elon Musk has a personal interest in Twitter and wishes to buy it completely. Some even say that Elon Musk's vision is to restore Twitter’s “long-lost glory”.
Twitter's Headquarters Welcomed in Texas
A lawmaker is signaling to Elon Musk that he welcomes the Twitter headquarters in Texas. Texas State Representative Tan Parker says Texas will "roll out the red carpet" for him. The move aims to have Twitter's main office moved from California to the Lone Star State. (source)
MSNBC's Ari Melber Worries That Elon Musk Could Ban One Party's Candidate From Twitter
MSNBC's Ari Melber Worries That Elon Musk Could Ban One Party's Candidate From Twitter via MSNBC/YT
Elon Musk Buys Twitter: The Breakdown
Twitter is about to undergo some reconstruction.(Jeremy Bezanger/Unsplash) Elon Musk bought Twitter this week and the internet has been on fire over it. The volume of information (and disinformation) circulating on the topic is overwhelming and people have questions.
Opinion: Elon Musk Purchasing Twitter Is Not the End of the World
Despite fears, one man cannot control free speech. The opinions that follow are mine alone, and do not necessarily reflect the views of NewsBreak or other writers on this platform.
Elon Musk Purchases Twitter For $44 Billion
Elon Musk is the richest man in the world and the founder of Tesla and SpaceX. He hails from South Africa and has built his businesses over the decades. He is often ridiculed for his wealth and success like many billionaires are. He has a very large presence on the social media app Twitter where he often posts memes and updates about his most recent endeavors like the rockets he sends up to space.