Elon Musk Puts $44 Billion Twitter Deal ‘On Hold’ [Updated]

Elon Musk is putting his $44 billion takeover of Twitter “temporarily on hold” after the company claimed that less than 5% of its users are spam or fake accounts. The Tesla chief tweeted on Friday that the deal was being frozen while he waited for details backing up Twitter’s claim: “Twitter deal temporarily on hold … Read more

Elon Musk Is Officially Purchasing Twitter for $44 Billion

Twitter has agreed to Tesla CEO Elon Musk’s offer to buy the company for $44 billion, Twitter announced today. Bloomberg was first to report early Monday morning that a deal between the two parties was imminent. Two weeks ago, Elon Musk offered to buy Twitter for $54.20 per share. Twitter and Musk, following weeks of … Read more