December 7, 2022

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Elon Musk tries to bail on Twitter purchase

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Tesla and SpaceX owner Elon Musk no for a longer time desires to invest in Twitter, the social media platform that for in excess of a 10 years has been a main discussion board for gaming discourse, memes, and apologies written in white text more than a black track record.

Musk is intended to pay $54.20 for each share for Twitter, which arrives to $43.4 billion, but Twitter’s share value has dropped to $36.81 given that the offer was signed in April. That is one particular actuality that Musk hopes will aid get him out of it. A letter (opens in new tab) sent by Musk’s legal professionals to Twitter’s legal professionals poses that Twitter’s “modern money general performance and revised outlook” may be a legitimate cause to terminate the invest in.



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