Elon Musk Maintains Position On Terminating Twitter Acquisition
A filing says that the letter from Elon Musk follows one that was sent in July in case the first one is found to be invalid. According to a filing with the U.S. Securities and Exchange Commission on Tuesday, Elon Musk, the CEO of Tesla (TSLA), sent a second letter to cancel his $44 billion […]
Dogecoin (DOGE) surges 10% as Musk-Twitter deal seems imminent
Dogecoin (DOGE) surges from a one-month low on Monday as reports surfaced that Twitter could accept Elon Musk’s offer as early as Monday. The largest memecoin by market capital soared 10% from an intraday low in a matter of minutes, as multiple reports indicated the social media business was on the verge of accepting Musk’s […]
Elon Musk explains why he wants to purchase Twitter
Elon Musk, the CEO of Tesla and SpaceX, in an extensive TED interview, revealed why he made a bid to buy Twitter for $54.20 per share, or $43 billion. Musk revealed why onstage at Ted2022 in Vancouver, Canada on Thursday saying. “I believe it is critical to have a welcoming environment for free speech,” Musk […]
Twitter shareholders sue Elon Musk for failure to disclose his stake
Elon Musk was sued on Tuesday by former Twitter shareholders who claimed they missed out on the recent run-up in stock price because he waited too long to disclose a 9.2% stake in the social media company. Twitter (NYSE: TWTR) shareholders are suing Elon Musk for failing to disclose that he had purchased a big […]
Dogecoin price rises as Elon Musk features Dogecoin mascot during Cyber Rodeo event
The price of Dogecoin rose briefly after Elon Musk used drones to send a Dogecoin mascot into the sky during the inaugural event for the Texas Gigafactory. Elon Musk, the CEO of Tesla and a Dogecoin supporter, has warned that the launch event might be “the largest party on earth.” Because a number of neon-lighted […]