Elon Musk says he’s put the blockbuster Twitter deal on hold

Elon Musk said his acquisition of Twitter for about $44 billion is temporarily on hold pending details on the amount of fake accounts on the social media platform.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a tweet on

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Elon Musk makes offer to buy Twitter

The world’s richest man, Elon Musk, has launched a bold takeover attempt at Twitter. The Tesla chief executive offered to buy all of Twitter’s shares for $54.20 per share in a single final offer. The deal is valued at about $43 billion while the current market capitalization of Twitter is about $ 35.61 billion.
In a bizarre SEC filing, Musk said after “several days of thinking this over” he

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Elon Musk becomes Twitter’s biggest shareholder as he buys $2.9bn stake

Elon Musk, who also owns Tesla and SpaceX, has become one of the biggest shareholders in Twitter, just a week after the business tycoon posted on the platform saying he was giving “serious thought” to building a new social media company.
A filing disclosed on Monday by the US Securities and Exchange Commission

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