Owner of Twitter for several months, Elon Musk confides. In an interview with the British press, the fifty-one-year-old man announces that he was forced to buy the social network.
A redemption for fear of a trial
In April 2022, Elon Musk became a shareholder of Twitter, of which he bought 9.2% of the capital. In the process, the native of Pretoria displayed on social networks his desire to become the main shareholder of the platform. Negotiations for the takeover of the company are initially launched before being stopped. only problem, Musk’s statements have at the same time had consequences for Twitter’s shares on the stock market. While the platform decides to sue the billionaire, the latter proceeds to buy back the blue bird a few days before his trial. We are then at the end of October. More than five months later, Elon Musk confided in an interview with the BBC.
When asked if he bought Twitter to prevent a judge from forcing him to do so, the South African replied, in comments transcribed by BFM TV : « Yes, that’s the reason. »
Former leader of Twitter in several regions, Bruce Daisley said in stride: ” Elon Musk confessed today that the only reason he bought Twitter was because he thought a judge would force him to complete the transaction. »
There is always that the company continues to see its activity decline since the arrival of Elon Musk at its head.
