The future of Twitter is being cast in more and more blue shadows. Elon Musk made a deal that he would sell Twitter for the price he bought it for. A Twitter official was unavailable for comment. It was announced on Sunday that it will sell for $4,400 crore per share at $54.20 last October. Elon Musk fired half of his employees after taking over Twitter.
Elon Musk canceled a long-standing corporate policy. Blocked accounts restored. Earlier this month, Elon Musk blocked the accounts of several journalists, accusing them of putting his family at risk by divulging information about his private jet.
Elon Musk first offered to buy Twitter in April. The owners of Twitter agreed to this. But Twitter later announced that it was withdrawing the takeover bid, citing an insufficient number of spam accounts.
When this case went to trial, Twitter was hijacked last October under unavoidable circumstances. From the outset, Musk, who is run by Tesla and SpaceX, the electric vehicle company, is expected to pay a hefty price for the takeover of Twitter.
