In recent
days interesting information went global. Elon Musk Teslas CEO, after some shenanigans, finally decided to follow up on the offer he made, and buy Twitter.
The deal was supposed to close months ago but back then famous billionaire
decided to back up from it (according to him Twitter didn't give him enough
information regarding the state of the social media platform). Twitter
executives weren't happy about Elons decisions and sued him in hope of closing
the 44 bil dollar deal. The court hearings were supposed to start in 2 weeks, but
before that happened, Mr. Musk agreed to the terms of the Twitter deal in the hope
of dismissing the massive lawsuit.
Elon musk's
moves in this situation were pretty obnoxious. Not long after his enormous
offer to buy twitter the whole stock market started plummeting. So in hope of
saving some money, musk backed out of the deal (to maybe buy it later for a
cheaper price). But Twitter executives didn't get fooled so easily and decided
to force musk to pay the full price. Excentric billionaire finally agreed on
the terms, probably not wanting to fight a lost battle in court. Now he is
going to be the owner of one of the biggest social media platforms in the
world, which definitely gives him some interesting capabilities.
I have to say I think less and less of Elon Musk, especially after his latest debacle trying to shape Ukrainian politics.
OdpowiedzUsuń