The Tesla boss has withdrawn his takeover bid for Twitter. The company insists on completion.
(Photo: Reuters)
Dusseldorf Elon Musk is in the middle of a dispute with the short message service Twitter. A well-known short seller wants to benefit from this – and bets against the Tesla boss and on the share of the online service.
Hindenburg Research announced on the short message service on Wednesday of all places that it had established a “significant long position” in Twitter shares. According to his own statements, the short seller is counting on rising prices.
Elon Musk had signed a $44 billion takeover agreement with Twitter, but canceled it last Friday. He accuses the company of breaking several points of the agreement. The tech group, in turn, is asking Musk in court to implement the agreed takeover.
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