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Homesmart lifeElon Musk’s Tweets Keep Owning Twitter—But His Deal To Buy Company Remains...

Elon Musk’s Tweets Keep Owning Twitter—But His Deal To Buy Company Remains In Limbo


Topline

A cryptic joke about his personal loss of life that attracted hundreds of thousands of interactions and a hat tip to the style of chocolate milk this week once more proved Elon Musk is Twitter’s dominant pressure, however the billionaire’s ambition to take literal possession of the platform has come into query after he mentioned Friday his deal to purchase the corporate was “on maintain.”

Key Details

Elon Musk authored three of the highest six tweets by way of interactions over the previous week, persevering with a dominant stretch for him that began in April when the Twitter board accepted his $44 billion supply to take over the corporate, in response to knowledge compiled by social media monitoring agency NewsWhip.

The No. 1 submit on Twitter over the previous week was Musk saying: “If I die beneath mysterious circumstances, it’s been good knowin ya,” in obvious response to a former deputy Russian prime minister accusing Musk of being “concerned in supplying the fascist forces in Ukraine with army communication tools”–Musk has supplied Ukraine with SpaceX satellite tv for pc web programs.

As of 4:30 p.m. Saturday, the message has been retweeted greater than 200,000 instances and acquired greater than 1.9 million likes.

Musk’s cryptic submit attracted greater than 50% extra interactions than the No. 2 tweet this week: an album tracklist shared by Ok-Pop supergroup BTS.

The No. 3 tweet was additionally from Musk, who merely famous: “Chocolate milk is insanely good. Simply had some.”

His subsequent most-popular tweet, No. 6 total, was an assault on President Joe Biden, arguing: “Biden’s mistake is that he thinks he was elected to remodel the nation, however really everybody simply needed much less drama.”

Key Background

Twitter’s board in April backed Musk’s supply to purchase the corporate for $54.20 a share, however the inventory worth has tumbled practically 25% since then to $40.72 as buyers fear the deal would possibly fall by. Musk vowed Friday he stays “dedicated to acquisition,” stating he is simply awaiting particulars supporting Twitter’s declare that faux or spam accounts make up lower than 5% of customers. However there have been different crimson flags casting doubt on the deal. The Securities and Change Fee has reportedly launched an investigation into Musk to evaluate why he waited weeks to inform regulators he purchased a 5% stake within the firm in March, lacking a 10-day disclosure deadline. The delay could have saved Musk greater than $143 million, in response to the Wall Road Journal. Musk’s $44 billion deal to purchase the corporate wants approval from regulators and Twitter’s stockholders earlier than being finalized.

Tangent

Musk mentioned Tuesday he would elevate former President Donald Trump’s Twitter ban, however Trump responded by saying he stays dedicated to his new Reality Social platform, promising to “by no means return to Twitter.” Trump additionally took swipes at Musk, saying on Reality Social “solely a silly particular person would purchase Twitter for that worth,” earlier than suggesting Musk “could have illegally purchased his shares.”

Additional Studying

How Musk Already Owns Twitter: The 8 High Tweets In The Previous Week (Forbes)

Musk Says He Would Carry ‘Silly’ Twitter Ban On Trump (Forbes)

SEC Reportedly Investigates Musk For Delay In Disclosing 5% Twitter Stake (Forbes)

Elon Musk Says Twitter Deal ‘On Maintain’ (Forbes)





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