Elon Musk's MAJOR UPDATE On The Twitter Deal!

Elon Musk's MAJOR UPDATE On The Twitter Deal!

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People familiar with the subject said that #ElonMusk attempts to get additional funding for his $44 billion purchase of #Twitter Inc have been put on hold due to the deal's uncertainties. Unless the social media business can furnish him with proof to back up its claim that fraudulent or spam accounts make up fewer than 5% of its user base, Musk has threatened to walk away from the transaction.

Lawyers for #Tesla CEO Elon Musk sent an ultimatum to Twitter on Monday, telling him that until additional information is provided, he will leave the company. Once loan funding has been secured, Musk will have to pay $33.5 billion in cash. Due to the fact that his fortune, estimated by Forbes at $218 billion, is heavily dependent on Tesla Inc., the electric vehicle business he heads up, his liquidity is constrained.


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