Elon Musk filed a motion Friday opposing Twitter Inc.’s request to expedite a trial over his intention to terminate his $44 billion takeover. Lawyers for Musk filed papers with the Read more
Tag: Elon
Elon Musk responds to Twitter’s lawsuit, opposing company’s request for expedited trial over $44 billion deal
Elon Musk filed a motion Friday opposing Twitter Inc.’s request to expedite a trial over his intention to terminate his $44 billion takeover. Lawyers for Musk filed papers with the Read more
Twitter stock price target boosted more than 50% as skepticism has now ‘flipped’ toward Elon Musk, analyst says
Twitter Inc. has a new bullish backer on Wall Street, as Rosenblatt Securities said the social media’s company’s disclosures have “flipped” the narrative, and now makes Elon Musk look like Read more
Twitter and Elon Musk set for ‘Game of Thrones’ legal battle, says Wedbush analyst
Twitter Inc. and Elon Musk are set for a blockbuster courtroom battle over Musk’s attempt to terminate his $44 billion acquisition deal for the social media company, according to Wedbush Read more
Twitter sues Elon Musk, calls attempt to end $44 billion deal ‘a model of hypocrisy’
Twitter Inc. has sued Elon Musk for seeking to terminate his $44 billion acquisition deal for the company, and requested a court in Delaware force the world’s richest person to Read more
Elon Musk is losing more than $130 million on his Twitter stock
Shares of Twitter Inc. bounced Tuesday, but stayed below where he purchased his 73.1 million share stake earlier this year. The stock TWTR, +4.98% climbed 5.2% in afternoon trading. On Read more
Elon Musk tells Trump to ‘hang up his hat and sail into the sunset’
“‘I don’t hate the man, but it’s time for Trump to hang up his hat & sail into the sunset.’” That was Elon Musk responding to Donald Trump after the Read more
Twitter: Elon Musk’s attempt to terminate deal ‘is invalid and wrongful’
Twitter Inc.’s lawyers called Elon Musk’s attempt to terminate his $44 billion acquisition of the company “invalid and wrongful” in the company’s most complete response. In a letter dated Sunday Read more
Twitter has more to worry about than Elon Musk
Elon Musk might not be Twitter Inc.’s biggest concern. Ad-reliant tech stocks, led by a staggered Twitter TWTR, buckled Monday amid mounting evidence of a slowing economy slamming digital-advertising spending. Read more
Elon Musk terminates deal to buy Twitter, and Twitter’s chairman promises a legal fight
Elon Musk is backing out of his agreement to buy Twitter Inc., and Twitter’s chairman has already promised a legal fight. In a letter sent to Twitter’s TWTR, -5.10% chief Read more