Elon Musk has finally agreed to purchase Twitter.
Errol Musk, the father of billionaire tech investor and CEO Elon Musk, confirmed to a British tabloid that he and Jana Bezuidenhout had welcomed a second child in 2019. Bezuidenhout is the patriarch's stepdaughter through marriage.
Elon Musk bailing on the $44 billion Twitter acquisition saga has taken an interesting turn.
Elon Musk is officially attempting to back out of his agreement to buy Twitter for $44 billion. In a filing, his legal team claimed that the social media company committed a "material breach" of the agreement by not addressing the prevalence of bots and fake accounts on its platform.
The bored billionaire Elon Musk finally addressed Twitter employees since striking a $44 billion deal to purchase the social media company.
Billionaire Elon Musk is asserting through his lawyers his right to not go forward with the acquisition of Twitter. He made the claims in a letter to the social media company sent on Monday. Twitter disclosed the letter in filings with the Securities and Exchange Commission later that day.
Elon Musk is requesting that Tesla cut its workforce by 10%, citing a "super bad feeling" about the economy. The news about the proposed cuts in a leaked email was released on Thursday, days after the billionaire had sent a memo out demanding employees return to the office for 40-hour workweeks or be immediately terminated.
Billionaire Elon Musk is at the center of controversy again as an article published on Thursday claims that his SpaceX company shelled out $250,000 to keep quiet an incident where he exposed himself and propositioned a former flight attendant who was giving him a massage during a corporate flight in 2016.
Tesla and SpaceX founder & investor Elon Musk has stoked controversy by claiming he cannot move forward with his proposed deal to purchase social media platform Twitter "unless the social media giant can prove bots make up fewer than 5% of its users." Observers are noting that his reasoning is false, pointing to tech stock values dropping which would hinder his purchasing ability.
Twitter and one Bloomberg financial opinion writer called Elon Musk's threats to back out of the $44 billion deal straight cap.
The billionaire businessman's ambitious plans involved a sale of around $8 billion in Tesla stocks to finance the deal.
Twitter's future owner Elon Musk (we hope not), finally said the quiet part out loud regarding the return of the twice impeached President Donald Trump to the platform.
