Nearly 40 days have passed since Elon Musk announced that his 44 44 billion bid to buy Twitter had been “temporarily suspended” and that both sides appeared to be at a standstill. During a question-and-answer session at Bloomberg’s Qatar Economic Forum on Tuesday, Musk insisted that “there are still some unresolved issues” regarding the agreement, which will be approved by Twitter shareholders.
The comments came on the same day as Twitter’s board unanimously recommended that shareholders approve Musk’s bid to buy the company in an SEC filing, saying “the merger agreement is appropriate and the merger and acquisition Other transactions under consideration through the agreement of … Twitter and the interests of its shareholders.

Musk’s weeks of stalling have led many to speculate that he is trying to pull out of the deal due to general market fluctuations, which Tesla’s CEO has repeatedly raised concerns about. What is the expression?
“A recession is inevitable at some point,” he told Bloomberg event participants. “I don’t think it’s likely to be a recession in the near term. It’s not certain, but it looks more likely.” He also outlined plans to lay off a portion of Tesla’s staff because of his “extremely bad feelings” about the economy, saying the carmaker would account for about 10 percent of its “paid manpower”. Will decrease, which is only 3%.%, 3.5% reduction in total headcount, not supermaterial.

Meanwhile, it continued to justify blocking the Twitter deal, claiming that the board was not commenting on the number of spam accounts on the platform. “You’ve probably read about the question of whether the number of fake and spam users on the system is less than 5%, as claimed by Twitter, which I don’t think most people experience when using Twitter. ,” They said. “So we are still waiting for this issue to be resolved, and this is a very important issue.”
According to a report in the Washington Post earlier this month, Twitter offered to provide Musk with “firehouses” of internal data to resolve the dispute. The transparency effort appears to be a direct response to Musk’s claim that the company “actively resisted and thwarted” efforts to obtain information about the site’s user-based makeup, ending the merger agreement. Violated Earlier this month, a Twitter spokesman said the company was cooperating with Musk’s data requests and “intends to close the transaction and enforce the merger agreement on agreed terms and conditions.”

Musk said in the forum that eliminating the three issues that “need to be resolved” before the acquisition of Twitter is a question of whether the loan financing for the deal will “come together”. (He plans to use several banks, including Morgan Stanley, Bank of America, and Barclays, using $ 33.5 billion in personal equity and $ 13 billion in loan financing for the deal. ” He also outlined his vision for the site.
That “80% of North America and maybe half the world” will eventually join Twitter. “My desire for Twitter, or Digital Town Square in general, would be to include as much – in the broadest sense of the word – as possible,” he explained. “That means it has to be something that people find attractive. It can’t be a place where they feel uncomfortable or harassed, or they won’t use it.”

During his first meeting with Twitter employees last week, Musk reiterated his desire to move forward with acquisitions. Nevertheless, the company is currently trading at $ 38.63, far from Musk’s 54.20 per share offer price and a sign of the market’s continued skepticism about the deal’s viability.
Politics also surfaced on Tuesday, as Musk – who voted for the first time Republicans last week and said he was leaning towards Ron de Santes in 2024 – should the Florida governor run for president. Asked if he would consider voting for Donald. Trump was in the running. “I think at the moment I am indecisive about this choice,” Musk said.