Read what Elon Musk told Twitter while offering to buy 100% shares
2 years, 8 months ago

Read what Elon Musk told Twitter while offering to buy 100% shares

Op India  

Amidst all the speculations, Elon Musk made an offer to buy 100% shares of Twitter Inc, the company that runs the microblogging social media platform Twitter. Making an offer to buy Twitter.Inc in cash, he added, “I am offering to buy 100% of Twitter for USD 54.20 per share in case, a 54% premium over the day I began investing in Twitter and a 38% premium over the day before my investment was publicly announced.” He posted the link to the SEC filing regarding the offer, which included his communications to the company. Elon Musk says he’s done playing it ‘back-and-forth’ and is moving straight to buy Twitter, a plan he always had at the back of his mind. And those changes won’t happen without taking the company private,” Elon Musk writes.

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History of this topic

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases
3 weeks, 6 days ago

Musk says US is demanding he pay penalty over disclosures of his Twitter stock purchases

Associated Press  

DETROIT — Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed — or failed to disclose — about his purchases of Twitter stock before he bought the social media platform in 2022. In a letter posted by Musk on the platform now called X, his lawyer Alex Spiro …

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
3 weeks, 6 days ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares
1 month, 1 week ago

Investors who backed Elon Musk's Twitter buy awarded 25% of xAI shares

Hindustan Times  

The investors who backed Elon Musk's takeover of social media platform X will see huge gains after a surge in the valuation of xAI, its artificial intelligence company. Yes or No?” This is because Musk gave 25% of of xAI's shares to those same investors who backed his $44 billion acquisition of Twitter. These investors include Fidelity, Oracle co-founder Larry …

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale
Trending News
1 month, 2 weeks ago

Elon Musk buying MSNBC? A difficult feat, because it isn’t for sale

Live Mint  

Can Elon Musk make a run at acquiring MSNBC? Musk, who hasn’t been shy about his criticisms of MSNBC, calling the network “utter scum of the Earth," fueled that story line in an exchange on X, the social-media platform he owns. “We are looking forward to the planned spin of our cable networks, which will create a new company owned …

‘How much does it cost?’: Elon Musk hints at buying MSNBC as Donald Trump Jr suggests ‘funniest idea ever’
1 month, 2 weeks ago

‘How much does it cost?’: Elon Musk hints at buying MSNBC as Donald Trump Jr suggests ‘funniest idea ever’

Hindustan Times  

Elon Musk, the Tesla CEO and SpaceX, has hinted that he might be considering purchasing MSNBC, a leftist cable news network. Elon Musk, the richest man in the world inquired, “How much does it cost?”, hinting at his plans to buy MSNBC. The richest man in the world inquired, “How much does it cost?” “The most entertaining outcome, especially if …

‘Funniest idea ever’: Elon Musk and Donald Trump Jr suggest buying MSNBC
1 month, 2 weeks ago

‘Funniest idea ever’: Elon Musk and Donald Trump Jr suggest buying MSNBC

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Elon Musk, the world’s richest man, jokingly suggested that he …

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'
1 month, 2 weeks ago

Jeff Bezos denies Musk's claim on Tesla stock advice: '100% not true'

India Today  

The rivalry between Tesla and SpaceX CEO Elon Musk and Amazon founder Jeff Bezos has once again come into the spotlight. Musk recently claimed on social media platform X, formerly Twitter, that Bezos had advised people to sell their Tesla and SpaceX shares, predicting Donald Trump's electoral defeat. In a post on X, Musk wrote, "Just learned tonight at Mar-a-Lago …

Tesla shares surge 14% in premarket trading as Donald Trump claims US election win, hails ’super genius’ Elon Musk
2 months ago

Tesla shares surge 14% in premarket trading as Donald Trump claims US election win, hails ’super genius’ Elon Musk

Live Mint  

Shares of billionaire Elon Musk's Tesla surged 14.62 per cent to $288.38 as of 5:24 a.m. in the pre-market trading session on Wednesday, November 6, with the expectation of a win for Republican candidate and former US President Donald Trump. The shares started gaining momentum after Donald Trump appreciated Elon Musk at an election party in West Palm Beach, Fla., …

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom
55 years ago

Elon Musk’s Twitter Takeover Set Off a Race to the Bottom

Wired  

In the final lead-up to the US presidential election, Elon Musk has thrown the full weight of his celebrity and his resources behind former president and Republican nominee Donald Trump. “In a race to the bottom, Elon Musk paved the way for a new, toxic tech basement,” says Nora Benavidez, senior counsel at the nonprofit Free Press. “Yet, as long …

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price
2 months, 1 week ago

Trump’s Truth Social is now worth more than Elon Musk’s X after recent surge in stock price

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation
2 months, 1 week ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times  

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

The tweet that has finally taught Elon Musk a lesson
3 months, 3 weeks ago

The tweet that has finally taught Elon Musk a lesson

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Well, one …

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’
3 months, 3 weeks ago

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’

LA Times  

Elon Musk’s ownership of Twitter is the subject of a new book, “Character Limit: How Elon Musk Destroyed Twitter,” out Sept. 17. On the Shelf Character Limit: How Elon Musk Destroyed Twitter By Kate Conger and Ryan Mac Penguin Press: 480 pages, $32 If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose …

Elon Musk sued by former Twitter board member Omid Kordestani over shares
4 months, 4 weeks ago

Elon Musk sued by former Twitter board member Omid Kordestani over shares

The Hindu  

X owner Elon Musk was sued by a former Twitter board member, Omid Kordestani, who said he was owed more than $20 million in shares that the billionaire had not given him, per The New York Times. In 2022, when billionaire Elon Musk proceeded to buy the social media platform for around $44 billion, Kordestani helped in the process. However, …

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
6 months ago

Elon Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Hindustan Times  

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake. Investors in the proposed class action said Musk and his wealth manager Jared Birchall knew a U.S. Securities and Exchange …

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X
6 months, 3 weeks ago

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Last year, Elon Musk …

Elon Musk ‘secretly acquired’ Twitter stock before buying company, Morgan Stanley covered up: Report
7 months, 1 week ago

Elon Musk ‘secretly acquired’ Twitter stock before buying company, Morgan Stanley covered up: Report

Hindustan Times  

Elon Musk secretly acquired a major stake in Twitter in early 2022 before eventually buying the social media platform. The banker, who remains unidentified, offered Elon Musk and his business manager Jared Birchall regular updates on “trading strategies to avoid public detection” and “‘Money Saved’ by hiding these trades from the market,” the lawsuit showed. Elon Musk ended acquired a …

Elon Musk’s X is especially vulnerable to an ad boycott
7 months, 3 weeks ago

Elon Musk’s X is especially vulnerable to an ad boycott

Hindustan Times  

For someone who despises the advertising industry, Elon Musk has a way with viral slogans. Since Mr Musk fired 80% of X’s staff, including many moderators, more bile seems to be leaking through the filters. In September Mr Musk said that X’s American ad business was down by 60%. Even before GFY, Insider Intelligence, another research firm, expected X’s worldwide …

Why Elon Musk needs lawyer approval to tweet about his own company Tesla
8 months, 1 week ago

Why Elon Musk needs lawyer approval to tweet about his own company Tesla

Hindustan Times  

The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads. SpaceX, Twitter and electric car maker Tesla CEO Elon Musk reacts as he visits the Vivatech technology startups and innovation …

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’
11 months, 2 weeks ago

Elon Musk dismisses reports about AI company’s $500 mn funding as ‘fake news’

Live Mint  

Tech billionaire Elon Musk has dismissed reports on the $500 million worth of funding plans for his artificial intelligence start-up xAI through posts on social media site X. Replying separately to two users on the site, Musk told one user the information was "simply not accurate" and called the original Bloomberg report "fake news" in reply to another. Contradictory Reports …

Elon Musk Is Realizing He Should Have Bought TikTok
11 months, 4 weeks ago

Elon Musk Is Realizing He Should Have Bought TikTok

Slate  

Elon Musk’s original sin with Twitter is that he forgot how expensive an ideological conquest can be. Ever since Twitter’s old board of directors forced him to close that fall, Musk has been in a push-and-pull between two areas of his brain: One part has told him to save Twitter from the woke mind virus and protect free speech for …

X/Twitter is now worth less than a third of what Elon Musk bought it for, investor believes
1 year ago

X/Twitter is now worth less than a third of what Elon Musk bought it for, investor believes

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s X is worth less than a third of what he paid …

Elon Musk’s ChatGPT-killer xAI to raise $1 billion to invest in Grok, other bots, take on OpenAI
1 year, 1 month ago

Elon Musk’s ChatGPT-killer xAI to raise $1 billion to invest in Grok, other bots, take on OpenAI

Firstpost  

Elon Musk-led xAI, the makers of ChatGPT-killer Grok, is planning to raise a $1 billion investment by offering equity shares. xAI faces competition from companies such as OpenAI, creator of ChatGPT, in which Musk was involved before departing in 2018 xAI, the artificial intelligence startup founded by tech mogul Elon Musk, has filed with the Securities and Exchange Commission to …

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.
1 year, 1 month ago

Elon Musk said something very rude and mean to advertisers. It’s because he wants Twitter to die.

Slate  

What does Elon Musk want with Twitter? Yes, Musk had said he didn’t “care about the economics at all” and that buying Twitter was a matter of his ideological commitment to free speech. Antagonizing his old advertisers points in the exact same direction that Musk’s boring endorsement of antisemitism pointed: He is no longer interested in salvaging Twitter as a …

Did Elon Musk break Twitter – or did Twitter break him?
1 year, 1 month ago

Did Elon Musk break Twitter – or did Twitter break him?

The Independent  

The bad news for Ben Mezrich and his book about Elon Musk’s “most controversial corporate takeover in history” is that Hollywood has just paid several million dollars for an Elon Musk biopic, directed by Darren Aronofsky, based on Walter Isaacson’s biography of the world’s richest man. In October 2022, having leveraged a modest 9 per cent shareholding into a quixotic …

Why Elon Musk can’t stop himself from posting antisemitic tweets.
1 year, 1 month ago

Why Elon Musk can’t stop himself from posting antisemitic tweets.

Slate  

Elon Musk faces a lot of problems in his ownership of the social network once called Twitter. Musk’s humiliation of the moment is that, on the last Friday before Black Friday, Apple is pausing Displaying On Thursday—in a tweeted response to some random antisemite who had fewer than 5,000 followers—Musk made clear how he feels about Jewish people’s treatment of …

Elon Musk says he bought X to save humanity from ‘zombie apocalypse’
1 year, 2 months ago

Elon Musk says he bought X to save humanity from ‘zombie apocalypse’

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk has claimed …

Elon Musk’s Twitter purchase finally helped these obsessives quit.
1 year, 2 months ago

Elon Musk’s Twitter purchase finally helped these obsessives quit.

Slate  

For years, Twitter had the reputation of being an insulated pocket reality for journalists, wonks, and especially wonky journalists. I’d love for it to fill that role someday.” —Cory Smith, who works in public policy A Few Days After the Sale, When Trolls and Racists Arrived En Masse to See What They Could Get Away With “I joined Twitter around …

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline
1 year, 2 months ago

Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline

The Hindu  

One year ago, billionaire and new owner Elon Musk walked into Twitter's San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend on it the …

Elon Musk bought Twitter one year ago. Here’s everything he broke there.
1 year, 2 months ago

Elon Musk bought Twitter one year ago. Here’s everything he broke there.

Slate  

He didn’t want to, but Elon Musk closed his purchase of Twitter one year ago. The lawyers representing Twitter’s outgoing board of directors were better than Musk’s—or, maybe more accurately, had a close-to-ironclad case against a reputably brilliant billionaire who tried to call “backsies!” on a contract he’d inked. Related From Slate The Elon Effect Is Real: Twitter Users Are …

Twitter takeover: 1 year later, X struggles with advertising, usage
1 year, 2 months ago

Twitter takeover: 1 year later, X struggles with advertising, usage

Associated Press  

SAN FRANCISCO — One year ago, billionaire and new owner Elon Musk walked into Twitter’s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend …

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets
1 year, 2 months ago

One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets

Live Mint  

The banks that financed Elon Musk’s $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets. Seven banks including Morgan Stanley, Bank of America and Barclays lent Musk around $13 billion to buy Twitter a year ago this coming Friday. But investor appetite for Twitter, which Musk has since renamed X, …

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price
1 year, 2 months ago

Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price

LA Times  

It’s been nearly a year since Elon Musk acquired Twitter, and more than the average landlord, he’s made some changes to the storefront: replacing the social media platform’s cheerful winged mascot with an ominous “X,” stripping all but paying subscribers of verified status, and turning it from a frenetic crossroads of breaking news and opinion to a playground for falsehoods …

Elon Musk must face fraud lawsuit for disclosing Twitter stake late
1 year, 3 months ago

Elon Musk must face fraud lawsuit for disclosing Twitter stake late

The Hindu  

Elon Musk was ordered by a US judge to face most of a lawsuit claiming he defrauded former Twitter shareholders last year by waiting too long to disclose that he had invested in the social media company, which he later bought and renamed X. In a decision made public on Monday, US District Judge Andrew Carter said shareholders in the …

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino
1 year, 3 months ago

Elon Musk-owned X will be ‘turning a profit’ in early 2024, says CEO Linda Yaccarino

Live Mint  

Social media giant X could become profitable by the start of 2024, CEO Linda Yaccarino has confirmed in an appearance at Vox Media's Code conference. Speaking about the roadmap of profitability for X, Yaccarino said, "Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what's coming is that …

What You Get When You Go Into Business With Elon Musk
55 years ago

What You Get When You Go Into Business With Elon Musk

Slate  

Around the time he was buying Twitter last year, Elon Musk borrowed a billion dollars from a different company he owns: SpaceX, which makes rockets. So he might get a lot of things he wants, even if those things don’t seem like they’ll provide much of a benefit to any shareholder of Company B except for, you know, Musk himself. …

Elon Musk took $1 billion loan from SpaceX while acquiring Twitter: Report
1 year, 4 months ago

Elon Musk took $1 billion loan from SpaceX while acquiring Twitter: Report

Live Mint  

Billionaire Elon Musk withdrew a loan of $1 billion from his two-decade-old company ‘SpaceX’ around the same time he was acquiring Twitter for $44 billion, according to a report published by the Wall Street Journal. Last October, SpaceX approved the $1 billion loan which was backed by some of Elon Musk's SpaceX stock. Elon Musk sold a massive chunk of …

The Real Story of Musk’s Twitter Takeover
1 year, 4 months ago

The Real Story of Musk’s Twitter Takeover

Live Mint  

In April 2022, things were going surprisingly well for Elon Musk. “Fixing Twitter by chatting with Parag won’t work," Musk answered. ‘I made an offer.’ Musk says that it became clear to him when he got to Hawaii that he would not be able to fix Twitter or turn it into X.com by going on the board: “I decided I …

Elon Musk: Twitter will not cut earnings for most users
1 year, 5 months ago

Elon Musk: Twitter will not cut earnings for most users

India TV News  

Elon Musk, the owner of X, recently introduced an ad revenue-sharing program to help creators earn money from their tweets. Musk expressed his discontent with Apple's 30% fee for in-app purchases made through the Twitter app on iOS devices during the first year, which reduces to 15% for subsequent years. Image Source : X APPElon Musk's Tweet X's new creator …

What is Elon Musk’s ‘everything app’ X?
1 year, 5 months ago

What is Elon Musk’s ‘everything app’ X?

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Before he even purchased Twitter in October 2022, Mr Musk said that buying the site was an …

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction
1 year, 5 months ago

Column: Elon Musk has replaced Twitter with X — and an actual business with science fiction

LA Times  

Before Elon Musk entered the picture, Twitter had a real, and mostly sustainable business model. A reporter for TechCrunch, a website famous for reflecting Silicon Valley optimism, wrote, simply, “It’s trash.” The tech world spent the following days trying to read the tea leaves, to game out Musk’s plans and motives for overhauling — some would say desecrating — one …

$44 billion and eight months later. It’s finally all over for Elon Musk
1 year, 5 months ago

$44 billion and eight months later. It’s finally all over for Elon Musk

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. In just five days, Threads, Meta’s …

Cathie Wood’s ARK Writes Down Twitter Stake by 47%
1 year, 5 months ago

Cathie Wood’s ARK Writes Down Twitter Stake by 47%

Live Mint  

Cathie Wood’s ARK Investment Management has written down its stake in Twitter by 47% since Elon Musk took the social-media company private last year, Wood said in an interview. “The write-down is not representative of our fundamental outlook and belief in the long-term return on investment we believe that it will have for our shareholders.” Wood is still bullish on …

Elon Musk is ‘distracted’, a ‘top risk’ for Tesla, say investors: Report
1 year, 5 months ago

Elon Musk is ‘distracted’, a ‘top risk’ for Tesla, say investors: Report

Hindustan Times  

Right on cue, Tesla Inc. skeptics are pushing back after this year's sizzling $500 billion rally. Tesla CEO Elon Musk said July 15 that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the …

Elon Musk says Twitter has lost half its advertising revenue
1 year, 5 months ago

Elon Musk says Twitter has lost half its advertising revenue

The Hindu  

Twitter has lost roughly half of its advertising revenue, according to owner Elon Musk, since he bought the social media platform for $44 billion last October. Earlier this month, Musk announced that Twitter was limiting verified accounts to reading 10,000 tweets a day, in a bid "to address extreme levels of data scraping" and "system manipulation" by third-party platforms. Twitter …

Elon Musk says Twitter cash flow still negative because…
1 year, 5 months ago

Elon Musk says Twitter cash flow still negative because…

Live Mint  

Elon Musk informed us about the strained financial situation of Twitter as the cash flow remains negative because of a nearly 50% drop in advertising revenue and huge debts. The development comes even as Elon Musk deployed aggressive cost-cutting measures after taking over the social media platform. While replying to a suggestion of recapitalization, Elon Musk said "Need to reach …

Twitter's cash flow still negative as ad revenue drops 50%: Elon Musk
1 year, 5 months ago

Twitter's cash flow still negative as ad revenue drops 50%: Elon Musk

Hindustan Times  

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June. This is the latest sign that the aggressive cost-cutting measures since Musk acquired Twitter in October alone are not enough …

Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative
1 year, 5 months ago

Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative

CNN  

New York CNN — Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. The billionaire owner tweeted Saturday, in response to business advice from a follower, “Need to reach positive cash flow before we have the luxury of anything else.” The …

Twitter starts making payments to its controversial users, including $20k to Andrew Tate
1 year, 5 months ago

Twitter starts making payments to its controversial users, including $20k to Andrew Tate

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s Twitter has started sending payments to some of its most most …

Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout
1 year, 6 months ago

Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout

The Hindu  

Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the Oct. 27, 2022, buyout …

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