Thursday, August 11, 2022
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Elon Musk Wants Out Of $44 Billion Deal; This May Not Be So Easy

CEO of Twitter Elon Musk has signaled, through a lawyer, that he wants to rescind the $44 billion deal he offered to acquire Twitter. This is most likely due to the ongoing dispute on Twitter’s true active user count. Musk says that Twitter has misrepresented its actual user base by saying less than 5% of the platform’s accounts are spam or bots. Then there is the issue of Twitter releasing certain data to Elon Musk’s team. The lawyer’s statement argues that much of this data is unusable.

Some would argue that Musk got in way over his head when he pursued the idea of purchasing Twitter. So then when the SEC got involved, and lawyers got involved, the process of buying Twitter became a monster much bigger than what Musk originally imagined. Then there is the train of thought that says all of this back-and-forth with Twitter is simply a negotiation tactic to get some billions knocked off of the outrageous $44 billion price tag.

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SOURCES:

Elon Musk tells Twitter he’s terminating deal to buy social media giant | Fox Business

Reaction To Joe Rogan REFUSING To Host Trump On His Podcast – YouTube

The Elon Musk-Twitter Saga Now Moves to the Courts – The New York Times

Elon Musk tells Twitter he wants out of his deal to buy it | CNN Business

Twitter faces ‘worst case scenario’ as Elon Musk terminates purchase – The Washington Post

Elon Musk proves he’s the wrong man to save the world – The Verge

Elon Musk Is Twitter’s Material Adverse Effect – WSJ

Mars, birth rates, but no Twitter: Elon Musk captivates Sun Valley moguls

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6 COMMENTS

  1. Nigger please. defamation is all they got cause they lied and withheld critical information about all of the fake accounts, fake likes, fake followers and total inner company political and social bias mandates… they fudged the numbers, as is common practice with all social media platforms.. “she got 3 million followers!” .. bullshit. She bought 2,999,995 of those from a slave labor India cubicle click farm.. you know, the same one that is used by the US govt., Amazon, Google, Apple etc. Nigger please. Twitter is so fuckin stupid for taking him to court cuz now theyre gonna have to publicly disclose all of that information and more. Elon walks away scot free, Twitter stock plummets to rock bottom and shuts down. And good riddance to that cesspool porn platform of opportunistic anti-white fags lesbos and deviant halfwit losers. Mark my words. Its over Operah. Bye felicia!

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