elon musk (again) rethought us: American entrepreneur will buy excitementand for this purpose approved the offer originally made $54.20 per share, or to buy the social network.
As you will surely remember, Musk said that after making the same offer months ago, he wanted to withdraw it, citing a series of doubts about the numbers and users of the platform. Turn triggered legal battle but that didn’t look so good for the CEO of Tesla and SpaceX.
So it looks like he intends to trace his footsteps: Elon Musk will avoid going to court this month by reformulating the proposal, possibly because he lacks evidence to support the accusations against the social network’s current administration.
Of course, it should also be taken into account that Musk is about to become the owner of a platform where he has literally had a ball in the last months and has criticized the rules and mechanisms many times.
We’ll see how this acquisition goes and what the reaction of the stock market, which is usually very sensitive to such influences, will be.
Source: Multiplayer
