Twitter Slid Over 2% While Tesla Rose Over 3% in Premarket Trading As Musk Got Cold Feet on Twitter Deal
Tiger Newspress2022-05-17
Twitter slid over 2% while Tesla rose over 3% in premarket trading as Musk got cold feet on Twitter deal.
Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn’t be “out of the question.”
Musk pressed further on that front Monday at a Miami tech conference, estimating that fake users make up at least 20% of all Twitter accounts.
Moreover, SpaceX is planning to sell existing shares starting Tuesday to a select group of buyers and there is speculation Elon Musk is a seller, The Post has learned.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.