TESLA CEO ELON MUSK SAID TO PROPOSE TO TWITTER TO PROCEED WITH DEAL AT $54.20 $TWTR

by | Oct 6, 2022 | Resources | 32 comments

TESLA CEO ELON MUSK SAID TO PROPOSE TO TWITTER TO PROCEED WITH DEAL AT .20 $TWTR

https://external-preview.redd.it/_fWCxqvWmWNMQpv4qVtakjLV5drScJ9-cT4T8DRCTkE.jpg?auto=webp&s=d7e93eb95327c636881a022d2bf94a98e672f1c6

[https://twitter.com/DeItaone/status/1577329137936654337](https://twitter.com/DeItaone/status/1577329137936654337)

$TWTR paused to volatility. It’s happening.

**EDIT:** $TWTR resumed trading. Up 15%. Halted again.

**EDIT 2:** More context:

Twitter shares surged 15% on Tuesday after Bloomberg reported that Tesla CEO Elon Musk plans to go forth with his deal to acquire the company for $54.20 a share. The stock was halted after the report.

Musk agreed to the deal earlier this year, valuing Twitter at $44 billion, but he quickly changed course and tried to back out of the agreement. Twitter sued Musk to force him to go through with the purchase. The two sides were scheduled to go to court on Oct. 17.

According to Bloomberg, which cited people with knowledge of the matter, Musk made his latest proposal in a letter to Twitter. Other media have independently confirmed Musk’s renewed offer.

**EDIT 3:** Letter Was Filed Confidentially With Court Ahead of Emergency Hearing Tuesday, Source Says — WSJ

**EDIT 4:** [From WSJ](https://www.wsj.com/articles/elon-musk-proposes-closing-twitter-deal-on-original-terms-11664901454?mod=hp_lead_pos1)

“The billionaire’s lawyers communicated the proposal to Twitter’s lawyers overnight Monday and filed a letter confidentially with the Delaware Chancery Court ahead of an emergency hearing on the matter scheduled for Tuesday, the person said.

If Twitter accepts the proposal, the two sides wouldn’t have to follow through on a five-day nonjury trial set to begin Oct. 17. There are no guarantees they will reach a deal and the trial could still go forward as planned.

Mr. Musk was set to be deposed later this week as part of the preparations for the trial.”



View Reddit by Mauricio-BabiloniaView Source

See also  Fed meeting today

TESLA CEO ELON MUSK SAID TO PROPOSE TO TWITTER TO PROCEED WITH DEAL AT $54.20 $TWTR


LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing


Truth about Gold
You May Also Like
TESLA CEO ELON MUSK SAID TO PROPOSE TO TWITTER TO PROCEED WITH DEAL AT .20 $TWTR

Recession Imminent

Chick-Fil-A has been skimping on sauce. This morning I ordered 4 sauces with my two burritos and...

TESLA CEO ELON MUSK SAID TO PROPOSE TO TWITTER TO PROCEED WITH DEAL AT .20 $TWTR

$AMD YOLO FINAL BET

https://preview.redd.it/vfu59hvvne7c1.jpeg?auto=webp&s=8a063d717641ec12bf69ca30b3ccc987a1ffc32c...

32 Comments

  1. frankjohnsen

    stock 15% up in the last 20 minutes lmao

  2. IamRedditsDaddy

    So i got 20x $44 November calls I paid $4 for

    I WANT MY GOD DAMN MONEY LETS GOOOOOOOOOO

  3. vazgriz

    I’ve been holding onto Jan $52.50 calls for over a month. Is this finally going to pay off?

  4. Asiakilledbourdain

    If you think some of the text leaks were embarrassing, he’s trying to avoid more of that. Hence, he will spend $10-15 billion of his own and borrow the rest just to make this go away.

    Twitter will fire 25% of the employees very shortly.

  5. xXPinkGrenadeXx

    Oh shit elons selling the fuck outa tsla rn then lol thats why its moving so hard

  6. daytrader987654321

    Lost 50K over the past 6 months playing this and always being on the wrong side

  7. Sumojoe118

    I’m still so confused about this whole thing, does Elon actually care about Twitter or is he using it as some elaborate scheme to move his money around?

  8. MontyAtWork

    LMAO to all the fucking Elon Stan’s who were like “THEY CAN’T FORCE HIM, THEY LIEEEED, TERMITES!!!”

    Elon fucked around and found out he wouldn’t win a fucking trial because he actually went too far for once and now has to eat crow.

  9. barbrawr

    Why do people still like this guy lmao

  10. Analyst_Simple

    Now he will have a robot and Twitter bots…. this won’t end well.

  11. DocHerb87

    My twtr shorts just got so fucked

  12. eamus_catuli

    Diverts attention from Tesla’s subpar Q3 Production and Deliveries report with asinine Ukraine tweet.

    Diverts attention from asinine Ukraine tweet with Twitter acquisition news.

    Forget lithium for batteries, somebody get this guy some lithium in pill form.

  13. entropylove

    Jesus, this guy.

  14. BelgianBillie

    why is it still halted though, normal halts take 15 minutes

  15. OrionJohnson

    10/14 $51c up 13,000% lmao

  16. QuantumFreakonomics

    Never had a doubt. Nope. Not even when I cashed out at $44 for a 15% gain

  17. kathc2021

    So what’s the play ?

  18. boldrobizzle

    I’ve been selling calls against my shares for 9 weeks. Going to lose 20 dollars on this whole deal because he agreed to this 10 days prior to when the trial was going to end.

  19. nate077

    How long is twtr halted for?

  20. my__ANUS_is_BLEEDING

    Do we just not know how long this Twitter halt will be? Why the hell is it like this for Twitter

  21. gandalf345

    Lmao Elon got C U C K E D

  22. damnfn

    So short it now since it hit deal share price

  23. BenCelotil

    Until I see action, this lying cunt is just pumping stock he’s already bought, to dump it later.

    He’s already done this before. What makes anyone think he’ll do otherwise this time!?

  24. No-Monitor-5333

    Scooped up $50 calls for lottery ticket

  25. surmoiFire

    Elon wants to win that Ukraine poll so much he decided to buy the company to conduct a sham poll.

  26. nyse125

    People still care about this?

  27. HisRoyaleExcellency

    FInally! myy tendiess!!!!

  28. flyriver

    Is that why he tried to sell Ukraine to Russia?

  29. HitSnooze311

    He’s just trying to cover up the bad press he’s been getting because he says and does such stupid shit

U.S. National Debt

The current U.S. national debt:
$35,911,107,598,198

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size