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The loss sets the pace for Twitter's biggest drop in months, as trading begins again Monday and investors gear up for an inevitable legal battle between Musk and the social medial giant.
Elon Musk, 51, sent a letter to Twitter on Friday saying he was pulling out of the controversial deal he made in April to buy the platform for $54.20 per share, or $44 billion in total.
NEW YORK - Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid f
Shares of Twitter are down more than 11% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company
NEW YORK - Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid f