Elon Musk attends the Met Gala in New York in May. Photo: TNS
Elon Musk attends the Met Gala in New York in May. Photo: TNS
Twitter

Elon Musk says he’s terminating US$44 billion Twitter deal

  • The social media giant’s board will fight to enforce the merger agreement, instead of accepting the US$1 billion break-up fee from the Tesla founder
  • Shares of Twitter fell 5 per cent to US$36.81, well below the US$54.20 that Musk had offered to pay

Elon Musk attends the Met Gala in New York in May. Photo: TNS
Elon Musk attends the Met Gala in New York in May. Photo: TNS
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