Elon Musk now values Twitter at only $20 billion
The valuation is a far cry from the $44 billion Musk paid to buy the company.
A report in the New York Times reveals that Elon Musk says Twitter is now worth about $20 billion (€18.5 billion). This is according to an email he sent the company’s employees on Friday. It represents a significan... Read more
Twitter-Musk trial starts in October
Elon Musk lost his request to delay the trial against Twitter over the €42 billion acquisition. As a result, the Twitter-Musk trial is set to square off in court in October.
Elon Musk backs out from Twitter deal
The CEO of Tesla, Elon Musk, lost his fight to delay the lawsuit Twitter starte... Read more
Elon Musk fires back at Twitter after it adopts ‘poison pill’ stance
On Monday, Elon Musk took a shot at Twitter's board of directors after the social media firm implemented a "poison pill" to defend itself from a $43 billion cash acquisition bid from its second-largest shareholder.
Musk wrote in response to a user's comments criticizing the board, saying th... Read more