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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.
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.