Elon Musk
Musk willing to boost personal Twitter investment to $15 bn: Report
Musk, who disclosed ownership in Twitter in a filing with the Securities and Exchange Commission (SEC) earlier this month, has a 9.1 per cent ownership stake in the platform, which is worth $3.4 billion currently.
Musk may also be willing to borrow against his current stake if necessary, a move that could possibly raise several billion additional dollars, citing sources, the New York Post reported on Tuesday.
After Musk, Jack Dorsey slams Twitter's board amid takeover push
Dorsey, who left Twitter in November last year -- handing over the baton to Indian-origin Parag Agrawal -- remains a board member until next month with his 2.2 per cent share.
Musk explains why Tesla removed mobile connectors with car purchase
"Usage statistics were super low, so it seemed wasteful. On the (minor) plus side, we will be including more plug adapters with the mobile connector kit," Musk wrote on Twitter. According to the auto-tech website Electrek, Tesla changed its long-standing policy to deliver every vehicle with a mobile charging cable and instead, it starts selling them separately for $400 for level 2 charging and $275 for level 1.
Musk demands long form tweets as 280 characters not enough for him
Twitter currently allows people to post in 280 characters. Reacting to a follower's tweet thread, Musk said: "My most immediate takeaway from this novella of a thread is that Twitter is way overdue for long form tweets!" Earlier, Musk demanded an Edit button, and the micro-blogging platform announced that it is working on such feature that will allow users to correct errors in their tweets, albeit with some rules.
Elon Musk may bring wealthy partners to acquire Twitter
According to a report in The New York Post citing sources, "a new plan that includes partners could be announced within days". This could be Musk's 'Plan B' as he mentioned during a Ted Talk show this week on acquiring 100 per cent of Twitter for nearly $43 billion. Musk may join "private-equity firm Silver Lake Partners, which was planning to co-invest with him in 2018 when he was considering taking Tesla private", the report said late on Friday.
Twitterati asks Musk to buy Sri Lanka instead of Twitter for $43bn
Many users on the platform shared their views and asked the tech billionaire to bail out the debt-ridden country.
'Twitter should open-source its algorithm': Elon Musk after making $43 Billion Offer to buy microblogging site
Elon Musk made this remark after making an offer to buy Twitter for $43 billion cash. Musk is the largest shareholder of Twitter with 9.2% of stake in the microblogging site. In an interview to Chris Anderson on TED talks, Musk gave his thoughts about how he would like to change Twitter if he were to buy it.
Musk spars with major Saudi investor over Twitter takeover offer
Questioning Saudi Arabia's own media laws, Musk tweeted: "Just two questions, if I may. How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom's views on journalistic freedom of speech?" Musk reacted after the Saudi Prince rejected the Tesla CEO's cash offer of $54.20 per Twitter share.
Twitter will follow 'rigorous' process on Musk offer: Parag Agrawal
In a meeting with employees late on Thursday, Agrawal said the board is still evaluating Musk's offer and will make a decision "in the best interest of our shareholders", reports The Verge. "At least one employee asked about the possibility of future layoffs, which Agrawal said wouldn't be dictated by individual performance ratings," the report mentioned.
Now, Elon Musk tells US regulator he wants the entire Twitter bird or will walk away
The offer is for all cash consideration valuing the common stock at $54.20 per share, a 54 per cent premium over the closing price of Twitter on January 28, 2022, the trading day before Musk began investing in the company. This is a 38 per cent premium over the closing price of Twitter on April 1, 2022, the trading day before Musk's investment in the Issuer was publicly announced.
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