Popular News Based on Elon Musk
Notably, Musk is currently undergoing a bitter battle with Twitter over a $44 billion bid of acquiring the microblogging platform. The development has come in the wake of Twitter shareholders voting and approving the deal of over $44 billion bid of the Tesla CEO to take over on the platform.
The fight over spam accounts on Twitter has taken an ugly turn as Musk believes that more than 20 percent of Twitter accounts could be fake and in his tweet, he has mentioned that his offer was based on SEC filings of Twitter being 'accurate'.
In order to avoid the acquisition, Twitter has employed the 'Poison Pill Strategy'. However, the Twitter board on Monday reached an agreement with Musk and it confirmed the acquisition of the social media platform by the Tesla boss in a press release.