At a company town hall on Thursday, the execs told employees they will not renegotiate the price of his $44 billion takeover agreement—a source familiar with the matter confirmed to The Daily Beast—even as Musk tries to stir up doubt about the number of fake accounts on the platform.
Twitter’s share price is currently hovering around $38 per share, well below the $54.20 per share Musk committed to last month. The terms of the buyout agreement will make it hard for him to weasel out of the deal. It includes a $1 billion breakup fee, and the company could sue to try to force Musk to follow through on the transaction.that he was putting the buyout on hold until Twitter could prove that spam and fake accounts do not comprise more than 5 percent of its users, as the platform has publicly stated. He has suggested that the estimates are dramatically off but has not publicly offered substantive evidence.
Musk later added that he was “still committed” to the acquisition and suggested that he is open to a deal at aDays after Musk’s initial tweet, Twitter CEO Parag Agrawal attempted to outline the company’s approach to managing fake accounts through an extensiveThe shitposting billionaire continued to troll the platform on Thursday afternoon, postingMusk has found other reasons to lash out of late.
Later that day, Musk officially declared that he would vote Republican in upcoming elections after bashing “phony social justice warriors” and the “leftist agenda.”
If they were unable to deal with an appeal almost two years the the are unable to know how many bots the have I think paraga and jack needs to give answers why they lied to investors
They want the $54 a share even more now considering how much Musk trashes the value of that stock. Maybe irreversibly?
Seriously, let him weasel out.
Weasel are Brandon's 10m fake followers!
Because they’re grown ass adults.
Wait until he makes his final offer, rumor has it it's a lot of horses
Blah blah blah blah
What’s important here is that elonmusk is pro- town hall
How does Twitter make money? Through ads? He'll do great if he cut the woke BS...
Can we still get our deposit back
On CBS This morning his mother was worried about his safety because of some mean Tweets, and she was bragging about him at age 3 she discovered 😂 he was a genius 🤣
If this isn't the ultimate in reverse psychology then I don't know what is. Hahah! Awesome! Like taking candy from a baby.
I hope they sue him for pretending to buy Twitter and then backing out. I’m sure that little maneuver cost the company some $$$.
Oh they will once it’s proven about the of bots and shareholders can dump stock once allowed. Twitter is a house of cards and it’s getting blown over
That’s fine as long a Twitter can show that less than 5% of its users are bots. Seems like it’s much higher than that.
Musk about to lose a billion for acting before thinking
Excellent lawyering, Twitter. h/t Elon caught himself in a trap he built.
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