Elon Musk Buys Twitter: How Did We Get Here?

Elon Musk became Twitter's largest shareholder in April. He offered to buy Twitter and take it private, but raised concerns about the number of bots on the platform. Musk backed out of the deal, citing misleading information, leading to a legal battle. Eventually, Musk revived his bid and reached an agreement to own Twitter.

What significant event occurred on April 4th regarding Elon Musk and Twitter?

• Musk sold all his Twitter shares.

• Twitter filed a lawsuit against Musk.

• Musk announced his intention to buy Twitter.

• Musk became the largest shareholder of Twitter.

What was the main reason Musk cited for not proceeding with the Twitter deal initially?

• A better investment opportunity elsewhere.

• Concerns over Twitter's financial stability.

• Misleading representations about the number of bots.

• Disagreements with Twitter's board.

On what date did Elon Musk officially back out of the Twitter deal?

• July 8th

• October 4th

• May 17th

• April 14th

What action did Twitter take on July 12th in response to Musk's withdrawal?

• They offered a new deal to Musk.

• They decided to sell to another buyer.

• They sued Musk to enforce the original agreement.

• They agreed to Musk's terms about bots.

How was the legal dispute between Musk and Twitter resolved?

• Musk revived his bid at the original offer price.

• Musk agreed to a higher purchase price.

• The court ruled in favor of Twitter.

• Twitter dropped the lawsuit without any conditions.