Elon Musk Buyout: top related news
27.04 / 03:53
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Twitter
Twitter Creator Jack Dorsey Comments on Elon Musk Buyout
It’s been an odd time for Twitter users; after initially opting to become a majority shareholder and hold a seat on Twitter’s board of directors, Tesla CEO and tech entrepreneur Elon Musk eventually refused that offer and attempted to buy the social media site outright. His first offer of $41 billion was apparently denied when Twitter opted to adopt a “poison pill” strategy to dilute its stock value and deter a complete buyout. However, days afterward, Musk and Twitter made a deal, and, surprisingly enough, Twitter co-founder Jack Dorsey seems to be excited about it.