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10/5, 3:22 AM (Source: TeleTrader)
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Buying Twitter to speed up building 'X' app - Musk

Tesla CEO and one of Twitter Inc.'s biggest shareholders, Elon Musk, said completing the acquisition of Twitter will bring him one step closer to creating "X, the everything app."

Shortly after it was reported that he proposed to proceed with purchasing the platform, the world's richest man said that "buying Twitter is an accelerant to creating X," without proving any detail about what exactly the app would offer its users.

In July this year Musk was accused of violating a merger agreement after he terminated his $44 billion deal to buy the social media giant.

Baha Breaking News (BBN) / NL