Elon Musk tweeted that Twitter deal is temporarily on hold
Companies, agencies, institutions, etc
Twitter
Reuters
Tesla
Musk
the Securities and Exchange Commission
Oracle
Binance
Wedbush Securities
Yahoo
Apollo Global Management
CNBC
The Washington Post
TwitterMusk
the Financial Times
Trump
the Federal Trade Commission
SEC
The Wall Street Journal
Elon Musk
document.“We
Ives
People
Elon Musk
Larry Ellison
Alwaleed bin Talal
Dan Ives
Jason Calacanis
Donald Trump
Groups
Saudi
Physical locations
No matching tags
Places
No matching tags
Locations
SAN
Qatar
Tesla
U.S.
Events
No matching tags
Summary
And Tesla stock has shed nearly 30 percent of its value in just the past month.Musk disclosed more than $7 billion of financing last week from sources including investment firms, Oracle founder Larry Ellison, cryptocurrency exchange Binance, the Qatar sovereign wealth fund, and Saudi Prince Alwaleed bin Talal.Musk gets help from tech titans and a Saudi prince in Twitter bidNow, Musk is seeking out additional investments beyond what he had initially planned, driven by the economic downturn and friction in Tesla’s stock price, according to people familiar with the negotiations who spoke on the condition of anonymity citing the sensitivity of the discussions.“In the last 60 days, the market’s dramatically changed, and I think the black cloud on Tesla’s stock was underestimated by Musk,” said Dan Ives, an analyst with Wedbush Securities.
As said here by Faiz Siddiqui, Reed Albergotti