Elon Musk - Page 2

Elon Musk Receives $7 Billion from Investors for Twitter Buyout Deal

Tesla CEO Elon Musk has reportedly received commitments from investors offering more than $7 billion to boost the equity of his offer to purchase Twitter. Among the notable investors are Oracle co-founder Larry Ellison and Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia, who has committed 35 million current shares of Twitter towards the private company.

elon musk twitter bid

Legion of Doom: 26 Leftist NGOs Team Up to Stop Elon Musk from Changing Twitter

26 progressive-leftist NGOs and advocacy organizations have added their names to an open letter calling on advertisers to boycott Twitter if Elon Musk, who will be the platform’s new owner after the potentially months-long process of purchasing the company is complete, succeeds in his ambition of restoring its founding commitment to free speech.

BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. (Photo by Britta Pedersen-Pool/Getty Images)

Report: Elon Musk Seeks More Outside Cash for Twitter Buyout

Recent reports claim that Tesla CEO Elon Musk is in talks with large investment firms and high-net-worth individuals to back his $44 billion Twitter acquisition. Musk could be attempting to bring in additional outside money to lower the portion of his own personal fortune at stake in the acquisition of the social media platform.

BERLIN, GERMANY DECEMBER 01: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. (Photo by Hannibal Hanschke-Pool/Getty Images)

Research: Conservatives Gained 17K Twitter Followers on Average After Musk Takeover, Leftists Lost 6K

According to a recent report, prominent conservative accounts on Twitter enjoyed an increase in followers following news of Elon Musk’s takeover of the platform, while prominent leftists suffered a decline in followers. According to research that looked at 100 prominent conservatives and leftists, conservatives gained an average of 17,229 followers after Musk’s takeover, while leftists lost an average of 6,062 followers.

elon musk twitter bid

Breitbart Business Digest: Joe Biden’s Stagflation Party

The experts have been telling us for months that the economy was doing extraordinarily well once you look past the little problem of inflation. The American people weren’t buying it. And today’s Bureau of Economic Analysis revealed that the people were right.

joe-biden-stagflation-inflation-getty

Twitter Earnings Fall Short as Company Admits Overstating User Numbers

Social media platform Twitter recently published its earnings report for the first quarter of 2022, falling short of expectations. The Company also admitted it had overstated its daily active users for several years, supposedly by error.  The earnings report is expected to be Twitter’s final report as a public company following Elon Musk’s successful bid to take the company private.

Twitter CEO Parag Agrawal