Dallas Mavericks owner Mark Cuban chimed in on Elon Musk's attempt to purchase Twitter for $43 billion, saying that he thinks the Tesla CEO is 'f------ with the SEC' and that Twitter will do everything in their power not to sell.
Musk, a popular user on the site with more than 81 million followers, announced the offer on Thursday morning to buy all outstanding shares for $54.20 each.
Dallas Mavericks owner Mark Cuban stands on stage before an NBA basketball press conference in Dallas. "His filing w/the SEC allows him to say he wants to take a company private for $54.20. Vs his ‘Am considering taking Tesla private at $420. Funding secured.’ Price go up. His shares get sold. Profit," Cuban tweeted. "SEC like WTF just happened."
Musk's offer to buy Twitter came 10 days after he announced that he had been buying shares of Twitter since Jan. 31, netting him about a 9% stake in the company.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine War Could Mark the Most Dangerous Moment Since the Cuban Missile Crisis, Says ‘Sapiens' AuthorYuval Noah Harari, author of “Sapiens,” says the growing risk that Russia may turn to nuclear weapons poses an existential threat to humanity.
Read more »
Mark Cuban Plans to Change the Pharmaceutical Industry With New Online PharmacyThe Mark Cuban Cost Plus Drug Company provides low-cost generic prescriptions to consumers
Read more »
Inflation hits its highest mark in over 40 yearsOn Tuesday, a government report showed that consumer prices jumped 8.5% in March.
Read more »
USD/JPY surges to the highest level since 2002, retakes 126.00 mark on Kuroda’s remarksThe USD/JPY pair caught aggressive bids during the early European session and surged past the 126.00 mark for the first time since May 2002. Following
Read more »
Stephen Curry's Status For Warriors-Nuggets Playoffs Matchup Still a Question MarkThe Golden State Warriors still don't know whether they will have star player Stephen Curry on the floor for the start of the NBA playoffs Saturday.
Read more »
Mark Meadows removed from N.C. voter roll amid fraud investigationInvestigators launched a probe into Meadows’s voter registration last month after reports Trump's former chief of staff had registered to vote in 2020 using the address of a mobile home he never stayed in.
Read more »