Tag Archives: Twitter

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The billionaire Tesla and SpaceX boss Elon Musk is being investigated by Federal authorities regarding his conduct around his $44 billion deal to buy Twitter.  That’s according to a recent filing from Twitter, which seeks to unearth critical documents that Musk is supposedly withholding from the firm.  Musk’s Documents As reported by Reuters, it is still unclear what exactly the probe is focused on, or which federal authorities are conducting the investigation.  However,...

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In yet another reversal, Tesla and SpaceX CEO Elon Musk has again agreed to buy Twitter for $54.20 per share – as was initially planned.  Twitter shares climbed 18% in value after the news dropped, following a brief pause in trading.  As reported by Bloomberg, people familiar with the matter claimed that Musk renewed his offer in a letter to Twitter. They asked not to be identified, as they were discussing confidential information.  Musk initially offered to buy Twitter for...

Elon Musk and Jack Dorsey shared direct messages about creating a more decentralized version of Twitter shortly before Dorsey exited its board of directors earlier this year.  Those messages have now been publicly shared as part of a legal discovery process in Elon Musk’s battle to refrain from buying the social media platform. Here’s what they had to say.  An Open-Source Twitter On March 26th, Dorsey told Musk that a “new platform” would be required that does away with the...

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