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Elon Musk Spent A Night Texting Oracle Co-Founder Before Walking Away From Twitter Deal: Report
Elon Musk Spent A Night Texting Oracle Co-Founder Before Walking Away From Twitter Deal: Report
$Tesla (TSLA.US)$ CEO Elon Musk texted well into the night with $Oracle (ORCL.US)$ co-founder Larry Ellison before putting on hold a $44 billion agreement to purchase $Twitter (TWTR.US)$.
What Happened: A court filing made by Twitter said that Musk exchanged multiple text messages with Ellison beginning May 12 through 12:20 a.m. on May 13, reported Insider.
The messages were reportedly exchanged nearly four hours before Musk announced he was putting the Twitter deal "temporarily on hold".
Twitter's letter to the Delaware Court of Chancery stated that Musk's lawyers have not provided the relevant text messages between Musk and Ellison after Twitter subpoenaed the Tesla CEO's messages on the deal, according to Insider.
See Also: How To Buy Tesla (TSLA) Shares
Why It Matters: Twitter sued Musk in July to force a buyout saying the entrepreneur had refused to honor his obligations.
Twitter's lawyers seem to be weaving a case around Musk's texts, noted Insider. They have accused Musk of "destruction of evidence," citing a Signal screenshot of a conversation between Musk and venture capitalist Marc Andreessen. Those messages were reportedly set to delete after some time.
While Andreessen's VC firm, Andreessen Horowitz, backed Musk with $400 million, Ellison was part of a group of 19 investors who committed $7.14 billion to back the Twitter buyout.
Previously, Twitter's lawyers cited a private conversation Musk had with a banker at Morgan Stanley where he reasoned that it wouldn't "make sense to buy" the social network if "we're heading into a World War 3" with Russia.
Price Action: On Monday, Twitter shares closed 0.25% higher at $276.01 in the regular session and rose 0.1% in the after-hours trading, according to data from Benzinga Pro.
Read Next: No Elon Musk Deposition? Why Twitter Shares Are Spiking Today
$Tesla (TSLA.US)$ CEO Elon Musk texted well into the night with $Oracle (ORCL.US)$ co-founder Larry Ellison before putting on hold a $44 billion agreement to purchase $Twitter (TWTR.US)$.
$特斯拉 (TSLA.US)$首席執行官埃隆·馬斯克一直髮短信到深夜$甲骨文 (ORCL.US)$聯合創始人拉里·埃裏森在擱置一項價值440億美元的收購協議之前$Twitter (TWTR.US)$.
What Happened: A court filing made by Twitter said that Musk exchanged multiple text messages with Ellison beginning May 12 through 12:20 a.m. on May 13, reported Insider.
發生的事情:Twitter提交的一份法庭文件稱,從5月12日到凌晨12點20分,馬斯克與埃裏森交換了多條短信。5月13日,據Insider報道。
The messages were reportedly exchanged nearly four hours before Musk announced he was putting the Twitter deal "temporarily on hold".
據報道,這些消息是在馬斯克宣佈他將暫時擱置與Twitter的交易之前近四個小時交換的。
Twitter's letter to the Delaware Court of Chancery stated that Musk's lawyers have not provided the relevant text messages between Musk and Ellison after Twitter subpoenaed the Tesla CEO's messages on the deal, according to Insider.
推特致美國總統的信特拉華州衡平法院據Insider報道,在推特傳喚特斯拉首席執行官關於這筆交易的消息後,馬斯克的律師沒有提供馬斯克和埃裏森之間的相關短信。
See Also: How To Buy Tesla (TSLA) Shares
另見:如何購買特斯拉(特斯拉)股票
Why It Matters: Twitter sued Musk in July to force a buyout saying the entrepreneur had refused to honor his obligations.
為什麼這很重要:Twitter在7月份起訴馬斯克,要求他進行收購,稱這位企業家拒絕履行自己的義務。
Twitter's lawyers seem to be weaving a case around Musk's texts, noted Insider. They have accused Musk of "destruction of evidence," citing a Signal screenshot of a conversation between Musk and venture capitalist Marc Andreessen. Those messages were reportedly set to delete after some time.
Insider指出,推特的律師似乎正在圍繞馬斯克的短信編織案件。他們指控馬斯克“破壞證據”,理由是訊號馬斯克與風險投資家對話截圖馬克·安德森。據報道,這些消息被設置為在一段時間後刪除。
While Andreessen's VC firm, Andreessen Horowitz, backed Musk with $400 million, Ellison was part of a group of 19 investors who committed $7.14 billion to back the Twitter buyout.
而安德森的風投公司,安德森·霍洛維茨埃裏森為馬斯克提供了4億美元的支持,他是承諾以71.4億美元支持Twitter收購的19名投資者之一。
Previously, Twitter's lawyers cited a private conversation Musk had with a banker at Morgan Stanley where he reasoned that it wouldn't "make sense to buy" the social network if "we're heading into a World War 3" with Russia.
此前,推特的律師援引了馬斯克與一名銀行家在摩根士丹利他在推論中説,如果我們正在與俄羅斯進行第三次世界大戰,那麼收購這家社交網絡是沒有意義的。
Price Action: On Monday, Twitter shares closed 0.25% higher at $276.01 in the regular session and rose 0.1% in the after-hours trading, according to data from Benzinga Pro.
價格行動:根據Benzinga Pro的數據,推特股價週一收盤上漲0.25%,至276.01美元,盤後交易中上漲0.1%。
Read Next: No Elon Musk Deposition? Why Twitter Shares Are Spiking Today
接下來請閲讀:沒有埃隆·馬斯克的證詞?推特股價今日為何飆升
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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