The $44 billion Elon Musk-Tweeter deal has been revived, making the social media app stock surge 22%. It is said that the Tesla CEO is doing it to stay away from the trial.
Elon Musk has recently received a lawsuit against him from Twitter, wherein the social media company accused him of breaching an agreement to procure the platform for $44 billion.
Elon Musk pulls out of his billion-dollar deal with Twitter on Friday. Here's what the social company intends to do if their deal does not push through.
Tesla stocks plummeted after its CEO Elon Musk presented a $44 billion bid for the social media giant Twitter. Investors are still reviewing the implications of the bid.
Elon Musk buys Twitter after the social media company's board has accepted an offer from the Tesla CEO, with Musk eyeing to take it private, according to the platform's announcement.