Elon Musk backs down: buys Twitter

Elon Musk the spoiled child of the billionaire world, who made a move to buy Twitter in the spring but gave up on bot accounts as an excuse, caused the case to be taken to court. He stepped back before the trial began. Elon Musk who has been dragging the purchasing process for months, suddenly changed his mind two weeks before the start of the hearings. He went back to the first day he made the offer and demanded that the negotiations begin again. According to the information received, the famous name will continue negotiations with a price offer of $ 54.20 per share. After the news Twitter shares were closed, but when it reopened, it rose 22 percent and rose to $ 50.

It is not known why Elon Musk made such a move, but there is still an unresolved bot account issue. It is a matter of curiosity whether Musk will bring this issue forward again or whether the data provided by the Twitter administration will be sufficient.