Elon Musk on Wednesday said he is "excited" about taking over
Twitter, expressing enthusiasm even though he's spent months trying to break
free of the $44 billion buyout contract.
اضافة اعلان
A US judge early this month suspended litigation in the saga over Musk's
proposed takeover of Twitter, giving the parties until October 28 to finalize
the on-again, off-again megadeal.
Twitter had filed a lawsuit to hold Musk to the terms of the deal he inked
in April after the Tesla chief sent word he was terminating the contract.
"I'm excited about the Twitter situation," Musk said while
fielding questions on a Tesla quarterly earnings call.
"I think it's an asset that has just sort of languished for a long time
but has incredible potential, although obviously myself and the other investors
are overpaying for Twitter right now."
Musk added that he believes Twitter has potential to be worth "an order
of magnitude" more than it is now.
Delaware Judge Kathaleen McCormick granted a request by Musk to freeze the
case despite bitter opposition from Twitter, and said that a trial originally
set for this week could be rescheduled for next month if a deal is not
finalized.
With trial on Twitter's breach-of-contract suit against Musk looming, the
unpredictable billionaire had done an about-face, reviving his takeover plan on
condition the court halt the lawsuit against him.
Musk began to step back from the Twitter deal soon after it was agreed, and
said in July he was canceling the purchase because he was misled by Twitter
concerning the number of fake "bot" accounts, allegations rejected by
the company.
Twitter, meanwhile, has sought to prove Musk was contriving excuses to walk
away -- simply because he changed his mind.
Musk's potential stewardship of the influential social media site has
sparked worry from activists who fear he could open the gates to more abusive
and misinformative posts.
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