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Los Angeles Times
Los Angeles Times
Business
Michael Hiltzik

Is Elon Musk already looking to bail out of his Twitter deal?

Elon Musk Twitter Inc. Vijaya Gadde

Is Elon Musk's spectacular $44-billion acquisition of Twitter about to fall victim to one of the greatest outbreaks of buyer's remorse of all time?

That's what some Musk observers are asking, based on the recent action in shares of Twitter and Tesla, the electric-car maker on which Musk's fortune is based, along with Musk's behavior in the immediate wake of his deal for the social media platform.

The economic argument against Musk's following through on his acquisition was laid out by Reuters in an article headlined "Elon Musk probably won't buy Twitter." The commentary piece concluded that Musk has financial reasons to let the deal fall apart.

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