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‘Bond villain move’: Speculation Elon Musk is planning a hostile takeover of Twitter


Speculation is mounting tech billionaire Elon Musk could be gearing up for a hostile takeover of Twitter after he declined to be a member on the social media giant’s board, which grants him the possibility of buying the company outright.

If Mr musk joined the board he would have been limited to acquiring only a 14.9 per cent stake in the company, so his decision to reject the offer means he has the opportunity to hypothetically buy the whole company if he wanted to.

The Tesla CEO has received a mixed response to his decision to become a Twitter shareholder with some fearful of what he’s planning.

A CBS correspondent copped backlash today for referring to Mr Musk as a “Bond Villain” after attempting to understand his rationale.

CBS Mornings host Gayle King hit back by declaring the tech billionaire just “thinks outside the box” and that he’s “never boring”.

Speculation is mounting tech billionaire Elon Musk could be gearing up for a hostile takeover of Twitter after he declined to be a member on the social media giant’s board, which grants him the possibility of buying the company outright.

If Mr musk joined the board he would have been limited to acquiring only a 14.9 per cent stake in the company, so his decision to reject the offer means he has the opportunity to hypothetically buy the whole company if he wanted to.

The Tesla CEO has received a mixed response to his decision to become a Twitter shareholder with some fearful of what he’s planning.

A CBS correspondent copped backlash today for referring to Mr Musk as a “Bond Villain” after attempting to understand his rationale.

CBS Mornings host Gayle King hit back by declaring the tech billionaire just “thinks outside the box” and that he’s “never boring”.
Speculation is mounting tech billionaire Elon Musk could be gearing up for a hostile takeover of Twitter after he declined to be a member on the social media giant’s board, which grants him the possibility of buying the company outright.

If Mr musk joined the board he would have been limited to acquiring only a 14.9 per cent stake in the company, so his decision to reject the offer means he has the opportunity to hypothetically buy the whole company if he wanted to.

The Tesla CEO has received a mixed response to his decision to become a Twitter shareholder with some fearful of what he’s planning.

A CBS correspondent copped backlash today for referring to Mr Musk as a “Bond Villain” after attempting to understand his rationale.

CBS Mornings host Gayle King hit back by declaring the tech billionaire just “thinks outside the box” and that he’s “never boring”.

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