Elon Musk Proposes to Complete Twitter Deal at Original $44 Billion Price (Report)

Elon Musk told prospective investors in Twitter that he planned to eliminate about 75% of the social media platform’s 7,500-strong workforce.

Kanye West made some very disturbing comments about Joe Biden during an interview with Piers Morgan on Wednesday.

Elon Musk gave a strong indication today that his purchase of Twitter is indeed on track in a reference to the tortured deal, not via tweet, but towards the tail end of an earnings’ call for Tesla. He said the social media platform he’s looking to acquire by a court-imposed Oct. 28 deadline is currently overvalued, but “has incredible potential.”

Two construction workers were struck and killed by a train on a bridge between Pennsylvania and New Jersey, authorities said. The Delaware River Port Authority said the two were struck by a PATCO Speedline train at about 9:20 p.m.

Todd Spangler NY Digital Editor There’s a new wrinkle in the six-month-plus saga of Elon Musk’s mercurial attempt to buy Twitter. The multibillionaire is being investigated by federal authorities over his “conduct” in connection with his proposed Twitter acquisition, according to a letter from the company’s lawyers filed with the Delaware Chancery Court. The letter was filed Oct. 6 and released publicly Thursday. Twitter sued Musk in the Delaware court, demanding that he fork over the $44 billion he had agreed to under the binding pact reached in April. Twitter asserted that Musk’s legal team “exchanged substantive correspondence” with federal authorities — and that despite Twitter requesting copies of those documents “months ago” they had still not materialized. Twitter filed a motion seeking to have the court order Musk to produce the documents. Its letter cited drafts of a May 13 email to the SEC and a slide presentation to the FTC that Musk’s attorneys had identified as privileged documents.

Elon Musk is under federal investigation in connection with his long-aborning deal to buy Twitter, according to multiple credible reports which cite a legal filing today by the social media company. There were no specifics in the document beyond the indication that authorities are probing Musk’s “conduct” in relation to the deal which, to say the least, has been unusual.

Elon Musk has created an empire as the cofounder of SpaceX and Tesla. The son of Maye Musk and Errol Musk, Elon’s startups have grown to become multi-billion-dollar titans. But the entrepreneur from South Africa has also made headlines for his love life over the years.

Putative Twitter purchaser Elon Musk has begun hawking a perfume called Burnt Hair via his tunneling firm The Boring Company, and has encouraged folks to pony up so he can acquire the social media platform.

The contours of the upcoming November midterms seem clear. President Joe Biden scarcely polls above 40% approval.

Elon Musk, who is poised to take control of Twitter, has raised a new round of questions about how the climate of social media could change with his revelation that he reached out to Kanye West after the rapper’s anti-Semitic tweets.

Elon Musk is convinced his teenage daughter Vivian is estranged from him because she's been taught to despise the wealthy. The billionaire tech mogul's eldest daughter is now 18 and he has opened up about their rocky relationship in a new interview with the Financial Times insisting she thinks he's "evil" because of her schooling. He told the publication: "It's full-on communism and a general sentiment that if you're rich, you're evil.

A difficult relationship. Elon Musk opened up about his tension with daughter Vivian, claiming that she has been brainwashed into thinking that he’s “evil.”

Elon Musk says his poor relationship with his trans daughter is due to… communism?!

Elon Musk is sharing what he feels is to blame for his daughter disowning him. In a recent interview with, the Tesla CEO and billionaire says his 18-year-old daughter Vivian, has been poisoned against him by «neo-Marxists» and the allure of communist influences in elite educational institutions.«It's full-on communism and a general sentiment that if you're rich, you're evil,» Musk said, alleging that this mentality is why his daughter has wanted to distance herself from him.Musk did not specify which college Vivian is attending, or where the creeping, sinister influences of socialism may have begun to take root in her young mind. However, Musk added that it's possible their relationship «may change» sometime in the future. Although it doesn't seem like he's overly concerned whether or not he is ever able to reconcile with his child.«I have very good relationships with all the others,» said Musk, a father of nine children.

Elon Musk says he has played “the fool” and landed himself in “all sorts of trouble” on Twitter. He added his epic on-off £40 billion bid to buy the platform may prove he is a “masochist” but said he is driven to create a “trusted” and “transparent” ideas and news-exchange forum to avoid the further rise of the likes of Donald Trump’s Truth platform, which he described a “right-wing echo chamber”. The world’s richest man said when asked by the Financial Times about his antics on Twitter: “Aren’t you entertained? I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble.

Todd Spangler NY Digital Editor UDPATED: A Delaware judge granted mega-billionaire Elon Musk’s motion to halt Twitter’s upcoming trial — seeking to compel him to pay what he promised for the company — until Oct. 28 in order to allow the parties to close on the $44 billion deal. Musk, after trying for three months to exit his deal to buy Twitter, in the last few days has grown frustrated that Twitter wasn’t calling off its lawsuit. Lawyers representing Musk, in a filing Thursday with the Delaware Court of Chancery, requested that the trial, slated to commence Oct. 17, be suspended while he works out a deal to finalize the required debt financing to swing the acquisition. Musk expects that to happen by Oct. 28, per the court filing.

sent a letter suggesting they close the deal at the agreed-upon price of $54.20 per share. Twitter ostensibly accepted those terms – but for reasons that aren’t yet clear is dragging its feet on vacating the lawsuit to enforce them.“Astonishingly, they have insisted on proceeding with this litigation, recklessly putting the deal at risk and gambling with their stockholders’ interests,” according to Musk’s filing.Filed in a chancery court in Delaware, the suit seeks to enforce the contract sale that Musk tried to back out of over his concerns about the number of spam accounts among Twitter’s nearly 400 million users.To recap: When Musk first expressed interest in buying Twitter, leadership flew into a panic and introduced a poison pill provision to stop him.

Elon Musk’s attorneys formally asked a judge to stay the trial set to start Oct. 17 after the Telsa CEO earlier this week agreed again to buy Twitter for the original deal price of $44 billion.

A deal for the billionaire Elon Musk to buy Twitter is back on it has been announced - just weeks before a court case over his first bid for the company earlier this year was due to begin.