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Benzinga
Benzinga
Technology
Shivdeep Dhaliwal

Here's How Much Elon Musk Will Have To Shell Out If He Changes His Mind On Buying Twitter

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk will have to shell out $1 billion to exit the $44 billion deal to purchase Twitter Inc (NYSE:TWTR), according to a filing with the U.S. Securities and Exchange Commission.

What Happened: The deal comes with a deadline of Oct. 24, 2022, and can be extended for six months to meet antitrust and foreign investment clearances, according to the filing.

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