TELETRADER News
5/13, 2:02 PM (Source: TeleTrader)
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Tesla+1.46%

913.12
Chart for: Tesla

Twitter+0.21%

44.30
Chart for: Twitter Inc

Musk: Still committed to Twitter acquisition

Tesla Inc. Chief Executive Officer (CEO) Elon Musk revealed in a brief tweet posted on Friday that he is "still committed" to the acquisition of Twitter Inc.

Musk's new tweet came just hours after the one in which he revealed the talks about his plans to acquire Twitter are right now "temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users."

The previous tweet caused Twitter's shares to fall by more than 20% at one point during the premarket trading.

Baha Breaking News (BBN) / JR