Elon Musk has closed his $44 billion Twitter deal and started employee firings through the social media company's four top executives, according to two people familiar with the matter.
Elon Musk has changed his Twitter bio to "Chief Twit" and attended meetings with executives of the social media platform at Twitter's San Francisco headquarters on Wednesday.
Tesla CEO Elon Musk said he thinks the global recession could last for another year and a half, noting in a Twitter exchange that the global economic decline could go on "until spring of '24."
Thousands of people are at risk of losing their jobs at Twitter after Elon Musk told prospective investors that he plans to get rid of about 75% of the social media company's employees.
"Shark Tank" investor Kevin O'Leary said that Twitter did not even worth $10B and stated that Elon Musk should start from scratch to get his $44B back.
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 reportedly plans to build a private airport outside of Austin, Texas, not only for his personal use but also for top executives of his companies.
A judge has ruled that Twitter's lawsuit against billionaire and Tesla CEO Elon Musk can go forward with a 5-day trial. This is regarded as a small victory for Twitter.
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 CEO Elon Musk, who is currently in the process of purchasing the social media site, Twitter, asked if the popular video-sharing app TikTok is "destroying civilization." He would follow up the tweet by questioning whether social media in general is to blame.
Social media platform Twitter is preparing to hand over internal data regarding fake accounts and spam to Tesla CEO Elon Musk after he threatened to walk away from the Twitter buyout deal if refused.
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