Elon Musk Backs Out of $44 Billion Deal to Purchase Twitter: Details

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Despite Elon Musk’s initial plans to purchase Twitter, the billionaire has changed his mind. The 51-year-old Tesla CEO’s attorney sent a letter to the social media platform on Friday, July 8, of his intentions, according to CNBC. In addition to withdrawing his merger agreement, Musk’s legal team alleged that Twitter is in “material breach of multiple

Source: US Magazine – Read More

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