NEWS
Elon Musk puts $44 billion Twitter deal ‘temporarily on hold’
The world’s richest man, Elon Musk has put his deal to purchase Twitter on maintain, albeit quickly.
The Tesla CEO took to Twitter early Friday, Could 13 to announce that he’s urgent pause on his $44 billion-takeover of the social media platform.
“Twitter deal quickly on maintain pending particulars supporting calculation that spam/pretend accounts do certainly symbolize lower than 5% of customers,” he wrote
The early morning tweet despatched Twitter inventory tumbling about 23% in pre-market buying and selling whereas shares of Musk’s Tesla Inc. climbed about 5%.
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