The unpredictable Elon Musk has struck again.
A few hours after being annoyed by the
“war on straws”
in cafes, the entrepreneur posted a message of a completely different caliber on Twitter:
“The agreement with Twitter is temporarily suspended.”
Immediately, the value of the action of the social network, which at the end of April accepted a takeover offer of 44 billion dollars from the billionaire, collapsed by 25%.
Two hours later, the Tesla and SpaceX boss added a comment:
“I am still committed to completing this acquisition.”
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Wedbush Securities analyst Dan Ives perhaps best summed up the mood in the markets after these statements:
“It’s the circus.”
If the action of Twitter has finally recovered and has unscrewed only 10%, it is now impossible for observers to rule out the scenario where the takeover of the social network would not ultimately take place.
“Wall Street will now estimate that 1) the deal is about to go down the drain…
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