Musk reportedly says Twitter deal at lower price ‘not out of the question’

Posted on AllSides May 16th, 2022
From The Center
technology, Twitter, Elon Musk
Aly Song | Reuters

Elon Musk hinted that he could seek to renegotiate the price of his Twitter takeover, saying a deal at a lower price wasn’t “out of the question,” Bloomberg reported Monday.

Musk reportedly made the comments while speaking at a summit hosted by Chamath Palihapitiya, Jason Calacanis, David Sacks and David Friedberg for their “All-In” podcast.

The stock closed down more than 8% as investors fear Musk will walk back on his agreement to acquire the social media company for $44 billion.

Twitter shares have also erased all gains made since Musk disclosed his investment in the company on...

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