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