Elon Musk Bows, to Proceed With Twitter Deal as Billionaire Annoys Ukrainians Over Twitter Poll on War

Elon Musk Bows, to Proceed With Twitter Deal as Billionaire Annoys Ukrainians Over Twitter Poll on War

  • Tesla CEO, Elon Musk has indicated interest in proceeding with his planned acquisition of Twitter
  • A letter to SEC on Monday, October 3, 2022, shows that the billionaire intends to go ahead with the deal at the initial price of $44 billion
  • However, the billionaire angered Ukrainians with a Twitter poll on Monday on the possible outcome of the war in Ukraine, prompting a harsh response from officials

At last, Tesla CEO and richest man in the world, Elon Musk, has capitulated and decided to proceed with the deal to acquire the social media platform Twitter.

According to Bloomberg, the billionaire revived his bid to acquire Twitter at the original price of $45.20 per share, returning to his effort to abandon the deal and possibly avoid a trial.

Read also

Musk offers to close Twitter buyout deal at original price

Elon Musk, Twitter Deal, Ukraine, Zelensky
Tesla CEO, Elon Musk and Ukraine President, Volodymyr Zelensky Credit: Alexey Furman / Stringer
Source: Getty Images

Deal to go ahead with the agreed price

He proposed in a letter on Monday, October 3, 2022, a filing with the Securities and Exchange Commission confirmed.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

At the news of the revived deal, the shares of Twitter soared to 22 per cent after the company said it had received a letter and intended to close the deal at the agreed price and did not comment on how it will respond.

The Tesla boss has been trying to terminate the Twitter deal for months. However, he began to show signs of buyer's remorse almost after the deal was made public and alleged that Twitter misled him about the number of its user base and the bots and fake accounts on the platform.

Musk draws anger from Ukrainian officials

Meanwhile, the tech billionaire drew the anger of Ukraine's top government officials on Monday, October 3, 2022, after he tweeted what he said was the likely outcome of Russia's ruthless invasion of Ukraine.

Read also

Musk offers to close Twitter buyout at original price: report

Ukraine's outgoing ambassador to Germany used the f-word and said the only outcome now is that Ukrainians will never buy his Tesla.

Musk polled over 100 million Twitter followers to gauge support for what he argued was the likely outcome of the seven-month brutal conflict.

CNBC reported that Volodymyr Zelensky, Ukrainian President responded with his poll on Twitter, asking the SpaceX CEO which polls his likes best: One who supports Ukraine or "One who supports Russia."

Musk has become popular in Ukraine since the beginning of the war after he beamed his Starlink satellite communication system to enable Ukrainians to access the internet.

Elon Musk challenges Putin to a single combat, Russia responds

Recall the Legit.ng reported the world’s richest man, Elon Musk has challenged the Russian President, Vladimir Putin to single combat, as a way to stop the Russian invasion of Ukraine.

Read also

2023 election: Peter Obi’s campaign streak continues, rolls out plan to counter Nigeria’s debt profile

In his tweet on Monday, Musk said he is challenging the Russian strongman to a combat and whoever wins takes over Ukraine.

The stakes are Ukraine, Musk said in the tweet, as Russia intensifies its unprovoked aggression in the country.

Source: Legit.ng

Tags:
Usa
Online view pixel