First of all: Is he serious?
Elon Musk is definitely not to be underestimated. Defying widespread skepticism about the commercial viability of electric vehicles, he challenged the incumbent auto giants and built up a company,
Higgins’s book demonstrates that when Musk, who is now the world’s richest person, based on the value of his stake in Tesla, decides to do something—be it building commercial electric vehicles or colonizing Mars—he will move mountains to make it happen. Last week, Musk announced that he wants to buy Twitter, and he is prepared to pay its shareholders about forty-three billion dollars for the privilege.
One reason for Wall Street’s skepticism is that Musk hasn’t explained how he would come up with the cash to pay for the acquisition. Appearing at aevent last Thursday, Musk said that he had “sufficient assets” to finance a takeover, and, on the face of it, this seems to be true. According to the Bloomberg Billionaires Index, he is currently worth about two hundred and fifty billion dollars, making him easily the world’s richest individual.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Twitter shareholders should sue over ‘poison pill’ plot to foil Elon MuskRisking economic poison for its own shareholders, Twitter is taking an imprudent stand against Elon Musk. Why?
Les mer »
Elon Musk scrambling to find backers for Twitter takeover, sources sayElon Musk is the richest person in the world, but he’s scrambling to assemble a buyout bid for Twitter using other people’s cash.
Les mer »
Elon Musk reportedly setting up move for Twitter within 10 daysTesla CEO Elon Musk is willing to invest up to $15 billion of his own cash to take Twitter private and will make a bid within 10 days, according to Tuesday reports.
Les mer »
Cryptic tweet from Elon Musk raises speculation about Twitter tender offerSpeculation is building that Elon Musk may be ready to make an offer to buy Twitter after a teasing tweet by the Tesla CEO.
Les mer »
To Capture Twitter, Elon Musk Showcases New Type Of Takeover WarfareThe billionaire is waging a highly public attack against the company, weaponizing its own platform against it. His campaign defies many of the conventions around buyout battles.
Les mer »