Text: Original by Dongchedi Li Shuaifei [Original by Dongchedi Industry] Recently, the lawyer of Tesla CEO Elon Musk submitted a document to the Securities and Exchange Commission (SEC), which shows that Musk has changed his mind and agreed to continue to complete the acquisition

2025/04/2714:56:35 finance 1181

text: Original by Dongchedi Li Shuaifei

[Original by Dongchedi Industry] Recently, the lawyer of Tesla CEO O Elon Musk (Elon Musk ) submitted a document to US Securities and Exchange Commission (SECh), which shows that Musk has changed his mind and agreed to continue to complete the acquisition of Twitter at a price of $54.2 per share. This is another repentance by Musk in the acquisition of Twitter.

screenshot from SEC website

Twitter also stated that the company has received a letter from his lawyer Musk and stated that the company's intention is to complete the transaction at $54.2 per share. In addition, some sources said the deal could be concluded as early as Friday. After the document was released, Twitter's stock price rose sharply, with an increase of more than 22% as of the closing of the day.

Twitter stock price

Dongchedi noticed that on October 5, Musk also stated on his personal social media that the acquisition of Twitter is a catalyst for creating the "X" of the full-featured App (the everything app). At the same time, he also said that the acquisition of Twitter might have advanced the "X" by three to five years, but "I may be wrong."

screenshot from Musk’s personal social media

It is understood that in April 2022, Musk issued an invitation to the Twitter board of directors to acquire Twitter and privatize it, with the acquisition price of $54.2 per share; shortly afterwards, the Twitter board of directors voted to agree to the acquisition. It is worth mentioning that because the outside world is not optimistic about Musk's use of Tesla shares as collateral for acquisition, Tesla's stock price plummeted from April to June.

Image source: Tesla official website

However, by July 2022, Musk suddenly wrote a letter to the Twitter board of directors, expressing his termination of the wholly-owned acquisition of Twitter. Twitter then sued Musk in the Delaware Commercial Court, and the lawsuit between the two parties lasted for more than two months.

finance

Although the Nord Stream pipeline has "holes", it does not affect Germany's natural gas reserves at present. At least in the past few days, the natural gas price has dropped to the lowest price in more than two months. Natural gas is currently down 6%, down from 160 EUR per MWh t

Natural gas prices have dropped. Will Germany get better this winter?

04/28 1738

The report pointed out that in September 2022, Shanfu New Materials and Haitong Securities signed the "Guidelines for the Initial Public Offering and Listing of Anhui Shanfu New Materials Technology Co., Ltd. and Haitong Securities Co., Ltd.".

Shanfu New Materials plans to IPO, and there are three main risks.

04/28 1959

In the first half of 2022, Semir Clothing achieved revenue of 5.64 billion yuan, a year-on-year decrease of 13.4%; net profit attributable to shareholders reached 104 million yuan, a year-on-year decrease of 84.3%, and revenue and net profit both declined.

Yingya Securities Consulting Revenue declined in the first half of the year, and Balabala could not drag Semir Clothing

04/28 1656

A-shares were successfully washed before the festival, and the outside world rose sharply during the festival, and A-shares would inevitably rise step by step after the festival! On October 5, Hong Kong stocks opened high and closed high, and the Hang Seng Index rose 4.29% at the

A-shares were successfully washed out before the festival, and the outside world rose sharply during the festival, and A-shares would inevitably counterattack after the festival! (For memorial only)

04/28 1814

On October 4, local time, Bridgewater, the world's largest hedge fund, announced on its official website that the company's management transition has been completed and control has been transferred from Rui Dalio to the operating board of directors.

A legend of a generation, officially announced "retirement"! Dalio stepped down and the trillion-dollar hedge fund completed the handover of control! In China, it has been in China for more than 4 years, with a scale of more than 10 billion

04/28 1349