Elon musk

Why it matters: This could preempt a trial that had been scheduled for October, tied to Musk's efforts to walk away from his original acquisition agreement.

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Tesla CEO had been set for court showdown after attempting to scrap deal.

The billionaire's surprise move came months after he tried to back out of a $44 billion deal to acquire the company.

Elon Musk has offered to proceed with the deal for the original price of $54.20.

The idea to end Russia's war in Ukraine, proposed by billionaire Elon Musk on Monday, was immediately denounced by Ukrainian President Volodymyr Zelenskyy, ...

The CEO of Tesla Inc. [October 3, 2022] In response, the Ukrainian president responded with his own survey, asking which Elon Musk people liked more, the one who supported Russia or the one who supported Ukraine.

The Tesla CEO tweeted a plan that includes allowing Russia to keep Crimea, which it seized in 2014. Ukrainian President Volodymyr Zelenskyy responded that ...

The Tesla CEO tells Twitter that he'll go ahead with the original deal to buy the company for $54.20 a share, possibly averting a trial.

Tesla chief and social media company were set to take their dispute to trial later this month.

Trading in Twitter shares is halted after a report stated the billionaire will now buy the business.

Mr Musk, a prolific Twitter user with more than 100 million followers, first offered to buy the firm for $54.20 per share in April. Could this be a legal strategy to delay a court case? Twitter is reportedly looking at Mr Musk's offer closely. But he added, that Mr Musk's ownership of the platform, a top venue for politicians and journalists to spread news and opinion, would still likely cause a "firestorm of worries and questions" in Washington and beyond. In the letter, attorneys for Mr Musk said he intended to move ahead to complete the transaction, pending receipt of the financing, and asked to end the legal fight. In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal.

Elon Musk's suggestion that Russia could be allowed to keep areas it has illegally annexed draws a heated response from Ukrainian leaders.

Ukraine's outgoing diplomat in Germany Andriy Melnyk gave a "very undiplomatic reply". Ukrainian President Volodymyr Zelenskyy responded with his own poll: "Which Elon Musk do you like more? In a Twitter poll, Mr Musk posed the question of whether "the will of the people who live in the Donbas and Crimea should decide whether they're part of Russia or Ukraine".

Billionaire Elon Musk is proposing to go ahead with his original offer of $68 billion to take Twitter private, a securities filing showed on Tuesday, ...

Elon Musk has offered to close his original deal to buy Twitter for a whopping $67 billion (US$44 billion) — a bid to avoid a court trial over the hotly ...

From the death of country singer Loretta Lynn to Elon Musk offering to buy Twitter (again) and an update on that asteroid moonlet which got whacked by NASA, ...

All five of Rippling's funding rounds were “primarily” conducted via text, CEO Parker Conrad tells Forbes.

The latter case, he says, likely requires “a Musk-level founder.” Typically, Bartlett affirms, texting comes into play at the “last one-yard line,” particularly now that the market downturn has allowed VCs to regain some negotiating leverage and spend more time doing due diligence. “By 2020, the top 25% to top 50% of venture-funded companies were getting this outside-in work done and taking the actual close process to text message,” he says. “It would feel weird and anachronistic to negotiate a fundraising round in some oak-paneled boardroom.” “Through March or April, it was very much an entrepreneurs’ market—investors were doing everything they could to get into the top decile of companies,” he told Forbes. Each of the five funding rounds software startup Rippling closed on its way to an $11 billion valuation was conducted primarily through texting, says cofounder and CEO Parker Conrad. But even for VC-backed startups that are still private, some founders and investors say the brevity and informality of the negotiation is more common than the public may realize.

Leaders from around the world, including those in Ukraine, have hit out at Elon Musk online for his prediction about the outcome of the war between Russia ...

His next condition to attaining "peace" is for Crimea, a Ukrainian territory that is currently annexed by Russia, to be declared formally as part of Russia. he wrote. The Tesla CEO has suggested that an election is held in the regions annexed by Russia, supervised by the United Nations. He doesn’t do plumbing?! The official account of the Ukrainian parliament had a one-word reply to Mr Musk: "No." He said that Russia must leave "if that is the will of the people".

An agreement would put the world's richest person in charge of one of the most influential social media platforms.

Mr Musk — who sees himself as a free speech advocate — has said he favoured lifting the ban on Mr Trump, who was kicked off the platform in January 2021 shortly after the former US president's efforts to overturn his election defeat led to the 6 January assault on the US Capitol. He said in a letter in July that he was cancelling the purchase because he was misled by Twitter concerning the number of fake "bot" accounts, allegations rejected by the company. "The intention of the company is to close the transaction at (US) $54.20 per share," Twitter said in a tweet confirming the billionaire entrepreneur is apparently abandoning his legal battle to terminate the deal.

In another surprise twist in Elon Musk's on-again, off-again relationship with Twitter he says he will proceed with the $US44 billion bid for the platform ...