After buying 9.2 per cent stake in micro-blogging site Twitter in early April, the world’s richest man Elon Musk is now about to buy the entire stake in the company for a whopping $44 billion. Soon, Twitter is likely to be owned by Elon Musk, or is it? A deal that was all but done, before Musk “temporarily put it on hold”, to ascertain the veracity of a number of “fake” or “spam” accounts on the social media platform. But is this an avenue being explored to get out of the mega deal preceded by acrimonious attempts to ‘save’ the company by existing investors?
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