Elon Musk has secured $46.5 billion in funding to buy Twitter Inc and is considering a tender offer for its shares, a filing with U.S. regulators showed
Tech billionaire Elon Musk's Boring Company has raised $675 million in the Series C round, bringing its valuation up to $5.7 billion.
Tesla is working on a humanoid robot and the prototype that will arrive sometime in 2023
Musk is evaluating various packages of debt, including more senior debt known as preferred debt and a loan against his shares of Tesla, the electric carmaker that he runs, two of the people said
Koo's latest move comes at a time when transparency and free speech concerns have dominated the public narrative around social media platforms such as Twitter
The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself
Musk had earlier posted a tweet with "Love Me Tender," bracketed by musical notes
Twitter is trying to fend off a hostile takeover bid by one of its shareholders and world's richest man, Elon Musk. And for this, it has invoked an old strategy called poison pill. What is it?
Twitter has hired Goldman Sachs and JPMorgan Chase, the latter of which has sparred previously with Musk over the valuation of millions of dollars in Tesla stock warrants
The stock rose 3.8% to $46.78 at 1:00 p.m. in New York.
Musk tweeted an Elvis Presley song, a day after Twitter Inc adopted a 'poison pill' to protect itself from the billionaire's $43-bn cash offer to buy the social media company
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% share
Musk, during an interview Thursday at the TED 2022 conference, said he had the funding to take Tesla private in 2018
The Tesla CEO has offered $43.4 bn to purchase Twitter. But what if Elon Musk manages to acquire the microblogging platform? How will it shape his ties with India? And also that of Twitter?
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Musk was responding to a tweet about board members' stock holdings, saying that with the departure of Jack Dorsey, the board "collectively owns almost no shares."
If he should become Twitter's owner, Musk said he would scrap the current program of content monitoring and censoring
Taking Twitter private will not help free speech
Musk said that Tesla believed that the usage amongst owners was too low to justify supplying the cable with every new car delivery
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