Elon Musk drops Twitter deal bombshell

Elon Musk drops Twitter deal bombshell

Mahoney Asset Management CEO Ken Mahoney discusses Elon Musk saying Twitter deal is on temporarily on hold.

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

You may also like...

33 Responses

  1. Terrence LP says:

    The man is manipulating a company he doesn’t even own yet! Promote that Guy!

  2. Michelle Adamchak says:

    And this, kids, is how you work the art of a deal. Elon truly is brilliant.

    • Alex Rodriguez says:

      Also may be illegal. One man’s art of the deal is the SEC’s market manipulation.

    • Cynthia Rogers says:

      *BRAVO !!!*

    • humboldthammer says:

      The Art of the Deal Step 1: Find out what everybody REALLY wants. You could ask them, but there are more effective techniques, such as, taking away something they already have — like peace and prosperity or abortion.
      Now, WHAT do YOU REALLY want?

    • YouTube hates truth tellers says:

      @not really reeeeee

  3. Top Lobster says:

    Elon has exposed how important Twitter is, to who and what their agenda was/is with it. Great job.

  4. B S says:

    There’s nothing odd about this, he needs to justify that the company is actually worth what he’s willing to pay. Same thing happens when you buy real estate, you make your offer, get inspections and appraisal and evaluate to make sure it actually worth buying at the price you offered.

  5. Jeff J says:

    This guy is Brilliant. He gets the real information and lets the public know how they operate. This makes the stock go down on an overvalued company. Then he can renegotiate. If they don’t renegotiate he walks away with people knowing how they actually run the company. Then the stock doesn’t ever recover. Musk gets what he wants either way. Perfect….!

  6. scott says:

    I don’t blame him. Between all of that and the fact there was a definite switch pulled on the follower counts. The deception needs to be investigated.

  7. Russel Jones says:

    Love that he did this, now the people who owned Twitter and complained about the price Elon offered can gain some perspective what the price would be like without Elon

  8. Independent Witch Traci says:

    He put his buy on hold. And twitter stated they only had 5% bots. And so he froze his buy and is demanding proof.

  9. Tom Dahm says:

    Less than 5% bots… I dont think Twitter has actually been on Twitter.

    • Arda Kaya says:

      at least 45%

    • Samantha M says:

      🤣🤣🤣

    • Jesus is coming. Read the Gospel. says:

      Repent to Jesus Christ
      ““Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes?”
      ‭‭Matthew‬ ‭6:25‬ ‭NIV‬‬
      K

  10. AskMiko says:

    The purpose of buying Twitter was direct access to data… looking at their books was to decide how to profit from the data mining. Musk had no intentions of buying Twitter… he wanted to see how a digital platform could be profitable through its data. Now he has the info needed to make his own platform, buy out a smaller player and monetize the data mining. This move was to drive up stock, sell quickly and move on. Every time he alleges he’s going to “buy” something, he pulls this move. Plus, he doesn’t own Tesla (just a 17% largest shareholder), yet his antics make people think he does.

Leave a Reply

Your email address will not be published. Required fields are marked *