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The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in ...
Musk later said on Twitter that the new board setup is “temporary,” but he didn't provide any details. Billionaire Elon Musk is already floating major changes for Twitter — and faces major ...
The world's richest man finds that typing it doesn't (always) make it so.
This list contains the top 50 accounts with the most followers on the social media platform X, formerly and commonly known as Twitter.Notable figures such as Elon Musk, Barack Obama, Cristiano Ronaldo, Justin Bieber, Rihanna, Katy Perry, and Narendra Modi, are at the top of the list, each with over 100 million followers.
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
The Wall Street Journal reported in August 2024 that the $13 billion Musk borrowed to buy Twitter "is now considered the worst deal in merger finance that banks have participated in since the 2008 to '09 financial crisis", adding that "the allure of banking Elon Musk, providing capital for him to buy a company, not only would reward them ...
Unlike Ackman, Ellison is not an avid user of the site. Despite having more than 130,000 followers, Ellison has posted twice—once in 2012 and once in 2023. Another notable name on the list is ...