Elon Musk Terminates Twitter Deal
After two months of uncertainties that surround the taking over of Twitter, Elon Musk says he is terminating his $44 billion Twitter deal
Elon Musk clinched a deal for Twitter in April but then put it on hold until the company proved that spam bots accounted for less than 5% of its total users.
Twitter shares fell 6% in extended trading after he announced he would terminate the deal.
Meanwhile, reports have it that Twitter will be taking legal action to force Musk to finalize the deal.
Elon Musk Loses Over $20 Billion After Canceling Bitcoin Payment Mode
The world second richest man; Elon Musk’s net worth has reportedly taken a massive hit following his appearance on Saturday Night Live. During the show, the Tesla CEO joked that Dogecoin is a "hustle," resulting in a 35% drop in its value and subsequently announced that his company; Tesla wouldn't be accepting bitcoin as a payment mode. He writes then that “Tesla has suspended vehicle purchases using Bitcoin," Musk said. "We are concerned about rapidly increasing us...
Elon Musk Becomes World Richest Man
The table of the world billionaire has changed again as Elon Musk, the CEO behind Tesla Inc. and SpaceX, is now the richest person on the planet.A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.The South Africa-born engineer’s net worth was $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has...
Elon Musk Overtakes Bill Gates To Become 2nd Richest In The World
The SpaceX and Tesla CEO; Elon Musk has now surpassed Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billionThe billionaire Tesla CEO Elon Musk has now leapfrogged Bill Gates to grab the world’s second-richest ranking.Musk’s net worth swelled by more than $7.2 billion on November 23, driven by another surge in the Tesla share price.In January 2020, he ranked 35th, but the tremendous rise in Tesla’s share price has...
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