The Limited Times

Why doesn't Elon Musk own Twitter yet?

4/27/2022, 10:58:45 PM


Despite the fact that the board of directors of Twitter accepted Elon Musk's offer to buy the company, the CEO of Tesla and SpaceX still does not have control of | Economy | CNN

Despite the fact that the board of directors of Twitter accepted Elon Musk's offer to buy the company, the CEO of Tesla and SpaceX still does not have control of the social network.

The document on the transaction was filed with the Securities and Exchange Commission (SEC, for its acronym in English) and establishes that the purchase must be finalized within six months, contemplating an extension of half a year if certain requirements are not exceeded.

Juan Carlos López brings you the details of this negotiation.

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