Elon Musk Is Back at the Twitter Deal Table
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 4 October 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang breaks down why Tesla CEO Elon Musk reversed course - yet again - and decided to go ahead with the $44 billion acquisition of Twitter as initially planned. Plus, how this puts the issue of free speech online back in the spotlight.
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Transcript
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| 0:00.0 | The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition. |
| 0:12.0 | Join global business leaders and investors |
| 0:15.0 | to drive innovation and scale best practices |
| 0:17.7 | in sustainable business and finance. |
| 0:19.9 | Learn more at Bloomberg Live.com |
| 0:22.0 | slash Sustainable Viziz Singapore. |
| 0:24.3 | That's Bloomberg Live.com |
| 0:26.0 | slash Sustainable Biz Singapore. |
| 0:28.4 | From the heart of where innovation, money, and power collide, |
| 0:35.0 | in Silicon Valley and beyond, |
| 0:38.0 | this is Bloomberg Technology with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up in the |
| 0:59.0 | next hour Elon Musk changes his mind again saying he will buy Twitter. |
| 1:04.4 | After all, at the original price. |
| 1:06.5 | The Bloomberg Scoop sends Twitter shares soaring and Tesla shares falling. |
| 1:11.8 | Why the change of heart, |
| 1:13.4 | after spending a fortune on lawyers trying to get out of the deal |
| 1:16.7 | to buy a company he's now criticized for months. |
| 1:19.6 | Will Twitter just drop it suit |
| 1:21.3 | or try to get more certainty that Musk will actually go through |
| 1:24.1 | with it this time. |
| 1:25.1 | And how will this all impact Musk's role at Tesla and SpaceX? |
| 1:30.4 | We've got experts on all angles and we will ask those questions throughout this hour. |
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