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The Latest Breaking News from Elon Musk

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

3 Implications From Elon Musk Putting Twitter Deal On Hold

Elon Musk spooked the market with his early Friday tweet that the Twitter, Inc. (NASDAQ: TWTR) deal is on hold.

Benzinga

Musk: Twitter deal 'temporarily on hold'

NEW YORK: Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging.

Bangkok Post

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Elon Musk puts $44 billion Twitter deal 'on hold' over fake account details

Elon Musk put his $44 billion deal for Twitter "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.

France 24

Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts

The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.

WEKU

Elon Musk says deal to buy Twitter is ‘temporarily on hold’

ELON Musk has said his deal to buy Twitter is “temporarily on hold” over details around the number of spam and fake accounts present on the site.

The National (Scotland)

A Peek Into The Markets: US Stock Futures Higher; Crude Oil Surges Over 1%

Pre-open movers

Benzinga

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Elon Musk says Twitter deal 'temporarily on hold'

Elon Musk said Friday that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform

The Independent UK

Musk Says $44 Bln Twitter Deal on Hold over Fake Account Data

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief…

Asharq Al-Awsat

Elon Musk $44billion Twitter takeover 'on hold' over spam and fake accounts

Elon Musk has put his takeover of Twitter "temporarily on hold" until he gets more details about fake accounts on the social media platform. Twitter said spam and fake accounts represent less than 5% of users

Daily Mirror

Twitter takeover temporarily on hold, says Elon Musk

Tesla owner says $44bn deal has been paused until he gets more information about fake accounts

The Guardian - US

Elon Says Twitter Deal On Hold: What You Should Know

After running the hard mile to mobilize finances for his Twitter Inc. (NASDAQ: TWTR) buy, Elon Musk said early Friday the deal is on hold.

Benzinga

Elon Musk ‘still committed’ to Twitter deal despite ‘on hold’ comment

The Tesla billionaire said the deal paused was ‘pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users’

Evening Standard

Elon Musk says Twitter deal "temporarily on hold"

Musk provided few details, but the tweet from his official account will ignite havoc in the tech and financial worlds.

Axios

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The Times of India

'Still committed,' says Elon Musk, hours after putting Twitter deal on hold

NEW DELHI: After putting his $44 billion deal for acquiring social media platform Twitter on hold temporarily, Elon Musk said that he is still committed to the acquisition.

Benzinga

Tesla Gets Invite From Malaysia PM To Set Up Factory

Tesla Inc (NASDAQ: TSLA) has been invited to open a car factory in Malaysia, local media reported on Thursday.

WEKU

Housing costs skyrocket as SpaceX expands in Texas city

SpaceX plans to launch rockets near Brownsville, Texas, and send the first person to Mars from there. Seven years after breaking ground, residents say the only thing skyrocketing is housing prices.

The Independent UK

Who will testify when Johnny Depp v Amber Heard trial resumes?

Trial will resume on 16 May after one-week hiatus

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Dynamite News

Elon Musk wants 'less divisive' candidate than Donald Trump in 2024

SpaceX founder and Tesla CEO Elon Musk said he prefers a less divisive candidate in the 2024 election than former President Donald Trump and that President Joe Biden was wrong to assume the country wanted dramatic changes. Read more on Dynamite News:

Benzinga

You Can Now Get Elon Musk's Super-Fast Starlink Internet In These 32 Countries

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX said it has significantly expanded the coverage of its super-fast, satellite-based internet service Starlink.

The Hindu

Morning Digest | Inflation soars near eight-year high to 7.8% in April; 90 lakh Ujjwala scheme beneficiaries do not get refills, and more

A select list of stories to read before you start your day

Benzinga

Neither Trump Nor Biden, Elon Musk Wants A 2024 Presidential Candidate Who Isn't '8000 Years Old'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said President Joe Biden is mistaken in thinking he was elected to “transform the country.”

The Independent UK

Elon Musk says Biden beat Trump as the country ‘just wanted less drama’

Tesla boss says current president mistakenly thinks he ‘was elected to transform the country’

Benzinga

Much Currency! Much Wow! Why Dogecoin Could Be Getting Another Elon Musk-Fueled Lift Thursday

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is no stranger to sudden spikes in its price.

Tribune News Service

Elon Musk seeks to scrap Tesla margin loan with new Twitter funding

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc. to eliminate the need for any margin loan linked to his Tesla Inc. shares, according to people with knowledge of the matter.

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