Deals
Elon Musk Drops Another Cryptic Hint About a Twitter Tender Offer
- Tesla CEO has taken an active interest in overhauling Twitter
- Musk has more than 82 million followers on the service
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Elon Musk has given fresh fuel to speculation he would launch a tender offer for Twitter Inc. shares in the event that the board resists his proposal to acquire 100% of the company and take it private.
The 50-year-old billionaire Tesla Inc. and SpaceX chief tweeted a cryptic message with blank space for a word followed by the phrase “is the Night.” The missing language may be “Tender,” as per the F. Scott Fitzgerald book title, or it could be “Tonight,” as Musk used seven underscores for the blank space.