Elon Musk has put his Twitter acquisition on hold, he said early Friday in a tweet. Musk said he awaits further details and calculations confirming Twitter’s claims that spam accounts on the platform account for less than 5% of active users.
The move comes less than a month after Twitter accepted Elon Musk’s $44 billion acquisition offer.
Twitter said Monday it accepted Elon Musk’s offer to purchase the company for $44 billion. That gives the billionaire — who is the world’s wealthiest person — absolute control of the social media platform after the deal is approved.
Tesla CEO and SpaceX founder Elon Musk has offered $41 billion in cash to take over Twitter. He wants to take the social media company private to ensure it is able to thrive and “be the platform for free speech around the globe.”
The move comes less than two weeks after Musk spent $3 billion to become Twitter’s largest shareholder.
Elon Musk is not going to be on the Twitter board of directors, despite what was announced a few days ago. The Twitter CEO says the change is “for the best.”
Musk is retaining his 9.2% stake in the company, though. And he’s has shown a lot of enthusiasm about Twitter recently. Why he’s not joining its board is unclear.
Twitter is officially working on an edit button that will give users the ability to tweak tweets after they’ve been posted. It said Wednesday that the feature has been in development since last year — long before Elon Musk’s involvement.
Testing of the edit button will begin with Twitter Blue subscribers in the coming months before eventually rolling out to everyone.
Elon Musk this week earned himself a spot on Twitter’s board after becoming the social media giant’s largest shareholder. It was revealed on Monday that the Tesla CEO purchased a 9.2% stake in the company, worth almost $3 billion.
Musk also teased an edit button for tweets, which has been one of the most-requested features among Twitter users for many years.
Tesla CEO Elon Musk has acquired a 9% stake in Twitter worth almost $3 billion. The purchase, revealed in a recent regulatory filing, gets Musk a whopping 73,486,938 shares in the popular social media platform.
Despite being described as a passive investment, one analyst believes the move is “just the start” of Musk’s involvement with Twitter.
Tesla CEO Elon Musk thinks you should avoid wasting your money on a “silly” Apple Polishing Cloth and instead spend it on his company’s $50 Cyberwhistle.
Inspired by Cybertruck, the limited-edition collectible — which is not a joke — is made from medical-grade stainless steel with a polished finish. It also features “an integrated attachment feature for added versatility.”
Caviar is back with another crazy (and wildly expensive) custom iPhone. Its latest model, which is dubbed the Tesla Electro, contains a real piece from a Tesla car and is available in iPhone 13 Pro and Pro Max versions.
You can get yours with up to 1TB of storage, but be warned that prices can reach an eye-watering $8,380.
Many people think Apple’s refusal to buy Tesla when the car-maker was struggling was a serious mistake. But it turns out there might have been a previously unknown condition of the deal that made Apple immediately end negotiations: Tesla’s Elon Musk reportedly wanted to become Apple CEO.
