Elon Musk, who became Twitter’s largest shareholder in the spring, then surprisingly started acquisition talks. Although the Twitter board tried to meet the demands of the famous name, Elon Musk announced that he had terminated the negotiations.
Shock from Elon Musk to Twitter
The famous name, who thinks that the bot accounts on the Twitter network are more than 5 percent, did not want to give money to this audience that does not generate income. Twitter, on the other hand, tried to take it from the bottom by opening the network interaction statistics to Elon Musk.
Although Twitter’s board of directors approved the acquisition, Elon Musk announced in a statement yesterday that he was giving up. Claiming that multiple articles were violated in the talks, Musk caused Twitter shares to drop by 6 percent. After that, there will be a compensation of 1 billion dollars, but the net amount will be determined according to the influence of the parties.
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