ReportWire

It's Sunk In. Elon Musk Bought Twitter and Wrecked It

[ad_1]

He didn’t want to, but Elon Musk closed his purchase of Twitter one year ago. The world’s wealthiest person originally struck the deal in the spring of 2022, realized within a few weeks that he had committed a grievous mistake, and then spent the summer and early fall trying to weasel out of the $44 billion acquisition. The lawyers representing Twitter’s outgoing board of directors were better than Musk’s-or, maybe more accurately, had a close-to-ironclad case against a reputably brilliant billionaire who tried to call "backsies!"

[ad_2]

Alex Kirshner, Slate

Source link