Tuesday, 14 Jan 2025

Elon Musk may try to reprice $44bn Twitter bid, says US short-seller

Elon Musk may try to reprice $44bn Twitter bid, says US short-seller


Elon Musk may try to reprice $44bn Twitter bid, says US short-seller
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Shares in Twitter fell 2.6% at $48.50 in afternoon trading in New York.

Hindenburg rose to prominence last year by taking an aggressive stance against special purpose acquisition companies, or Spacs, which are blank cheque vehicles that raise money from investors first and seek businesses to buy afterwards.

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