Elon Musk

Elon Musk on Thursday asked Delaware Chancery Court to stay the trial over his proposed $44 billion takeover of the social media giant, adding that the deal could close on or around Oct. 28. What to know: This is a necessary step toward moving the merger forward, but doesn't mean…

Elon Musk wants to buy Twitter despite previously claiming the platform had misrepresented number of spam accounts. (Source: The Royal Society, edited)Elon Musk has offered to buy Twitter, once again, for US$44 billion. The Space X CEO’s offer may be a sign that the billionaire sees himself losing the lawsuit…

Topline A Delaware judge on Thursday pushed back the date of a trial over billionaire Elon Musk’s $44 billion deal to buy Twitter, giving Musk more time to complete the purchase after he indicated this week he would drop his attempts to back out of the agreement, a loss for…

Elon Musk’s plans to buy Twitter for $44 billion appear to be back on, and as a result, the tech mogul is tweeting about the deal again. A couple of those tweets, posted in the waning hours of Oct. 4, make mention of an “everything app” Musk refers to as…

The tumultuous saga of Elon Musk’s on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion. Mr. Musk made the surprising turnaround not on Twitter, as has been his custom,…

Illustration: Shoshana Gordon/Axios It's over. Twitter called Elon's bluff, and Elon caved. Now he gets to own the thing he once wanted to own, in exchange for $44 billion and a face full of egg. Why it matters: The world's richest man is about to control one of the world's…

Illustration: Aïda Amer/Axios If Elon Musk does indeed end up buying Twitter for $54.20 per share, as he's contractually obliged to and as he now claims to want to, the big winners will be Twitter's shareholders. There will also be a large number of losers. Why it matters: Twitter is…

Tesla CEO and part-time crypto memelord, Elon Musk, has sent a letter to Twitter through his lawyers indicating he is now willing to purchase the company for the originally agreed price of $US44 billion, or US$54.20 per share. The letter was also filed with the SEC.  This surprising move comes…

Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price, as a trial over his efforts to withdraw from the deal loomed.  The world’s richest man said in a filing with the Securities and Exchange Commission that he sent Twitter a letter…

4.34PM – Oct 5, 2022 That’s a wrapThat’s a wrap for Need to Know this Wednesday, October 10. Here are some of today’s headlines so far: Labor splits over the future of income tax cuts: Sharp divisions have emerged inside the Albanese government over the future of the stage three…