Elon Musk may try to reprice $44bn Twitter bid, says US short-seller

Elon Musk may try to reprice $44bn Twitter bid, says US short-seller

2 years ago
Anonymous $dy9SWuvIkX

https://www.theguardian.com/technology/2022/may/09/elon-musk-may-try-to-reprice-dollars-44bn-twitter-bid-us-short-seller-lower-offer

‘Significant chance’ of lowered offer owing to slump in tech stocks and social media firm’s weak performance

A US firm known for betting against companies’ share prices has said Elon Musk could submit a lower bid for Twitter, owing to a slump in tech stocks and a weak financial performance at the social media platform.