Elon Musk attempts hostile takeover of Twitter, calling path ‘painful’ - News Summed Up

Elon Musk attempts hostile takeover of Twitter, calling path ‘painful’


— Elon Musk (@elonmusk) April 14, 2022Meanwhile, some investors and analysts who cover his two main ventures are concerned that a Musk takeover could prove a distraction from his ambitions to revolutionize the automotive and space industries. He noted, however, that the company’s shares have hit a high of $73.34 within the past year, far higher than Musk’s offer. In the political sphere, Musk’s takeover bid drew mixed reactions Thursday. Rep. Lauren Boebert (R-Colo.) said Musk deserves a medal for his “patriotic and necessary” fight for free speech. Others appeared concerned that Musk could gain too much control over a platform that many view as essential to free speech.


Source: Washington Post April 14, 2022 17:21 UTC



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