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Elon Musk Just Abandoned his Twitter Deal… What Next?

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Tesla and SpaceX CEO Elon Musk has just announced he’s abandoning his $44B agreement to buy Twitter. It comes just a few months after he put the deal on pause to confirm that Twitter’s fake/spam accounts actually represent less than 5% of their daily active users. But Twitter aren’t taking this lightly, with Chairman Bret Taylor already suggesting Twitter will embark on a lengthy court battle to try and force Musk to honour his agreement. So what happens next for Twitter? Let’s find out.

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★ ★ CONTENTS ★ ★
0:00 The Story So Far
0:54 Elon Musk Pulls Out of Twitter Deal
2:10 Musk at the Qatar Economic Forum
3:11 The Bot Problem
3:52 The Details of Musk’s Withdrawal
5:49 The Real Reason Elon Is Withdrawing
6:20 How many bots did Elon find?
8:26 Twitter Sues Musk

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Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.

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