Elon Musk announces suspension of Twitter takeover, which is collapsing on Wall Street

Tesla boss and richest man on the planet, Elon Musk, said Friday he was suspending the takeover of Twitter pending details on the proportion of fake accounts on the social network.

Elon Musk announces suspension of Twitter takeover, which is collapsing on Wall Street

Tesla boss and richest man on the planet, Elon Musk, said Friday he was suspending the takeover of Twitter pending details on the proportion of fake accounts on the social network.

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The action of the group plunged about 20% after this announcement in electronic trading before the opening of Wall Street.

More details to come...


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