‘Friday 13th horror show’: Musk’s announcement that his Twitter buyout is on hold sends stock plummeting by 20 per cent

‘Friday 13th horror show’: Musk’s announcement that his Twitter buyout is on hold sends stock plummeting by 20 per cent

City A.M.

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Elon Musk’s decision to put his $44bn takeover of Twitter on hold has sent the social media giant’s stock plummeting by almost 20 per cent. The billionaire Tesla owner took to Twitter this morning announcing the deal was off, citing concerns over the amount of fake users.  He wrote: “Twitter deal temporarily on hold pending [...]

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