Elon Musk Puts Twitter Take Over on Hold, Twitter Shares Tank

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UPDATE: elonmusk put his $42 billion takeover of Twitter on hold till it can be verified that the social media site has less than 5% of spam or fake accounts. Musk's tweet sent Twitter shares plummeting to under $39. By OKnightCrypto

Twitter's share price were down over 17% at $37.2 in pre-market trading, while Tesla shares were up over 5% at $769.27 in pre-market trading.

The Tesla CEO started his takeover campaign of the social media site last month by buying a prominent stake in Twitter and then offered to buy the firm for $54.2 per share, which would value the company at around $41.4 billion.

 

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elonmusk OKnightCrypto Just imagine if there was a sales tax on buying a business. 44B x 5% tax. That would sure help the deficit

elonmusk OKnightCrypto Thank heavens

elonmusk OKnightCrypto Makes sense or cent$$ to me!!! This will be a private investment and over MY head but seriously, I think he'd be an idiot NOT to weigh all the pros and cons. I've noticed more strikes against me since this broke early a.m. EST. so I guess I'd better lay low. ;)

elonmusk OKnightCrypto babydogecoin babydoge BNB

elonmusk OKnightCrypto He probably is having second thoughts and wants to invest more in doge instead..elonmusk

elonmusk OKnightCrypto There’s too fucking many….

💁🏼‍♀️

elonmusk OKnightCrypto :)

elonmusk OKnightCrypto You should share UBXS with your followers, because they can make x50 profits.🚀🚀🚀🚀🚀

elonmusk OKnightCrypto In more important news, NATO has surrounded russia in last 48 hours. This may not end well.

elonmusk OKnightCrypto Get it now under a discount 😎

elonmusk OKnightCrypto LOL,

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