Tesla and SpaceX boss refuse to stay out of the headlines and this time again he has shot to the news for his another action on microblogging site Twitter, where he changed his profile name to “Naughtius Maximus” and posted a tweet with a popcorn emoji.
He also updated his bio on the platform which reads, “Centurion in Jerusalem Garrison”. The world’s richest man didn’t stop here and changed his profile picture where he put up one of his childhood images. ‘Naughtius Maximus’ is a term that refers to a person who wears violent or anti-social behavior. Usually, this term is used for children.
On Twitter, Musk was seen claiming that his tweets are being suppressed and he posted a series of tweets regarding the same. While tagging Twitter CEO Parag Agrawal to fix the same.
Notably, Musk is currently undergoing a bitter battle with Twitter over a $44 billion bid of acquiring the microblogging platform. The development has come in the wake of Twitter shareholders voting and approving the deal of over $44 billion bid of the Tesla CEO to take over on the platform. Interestingly, Musk has been sued by the microblogging company allegedly for breaching the deal agreement, and the legal battle is expected to take place from mid-October. Twitter had called him “a model of hypocrisy.”
Musk announced pulling his hands back from the Twitter acquisition deal of $44 billion in July which led to Twitter's action of suing him in the same month. The disinterest of Musk in the deal is allegedly due to the complexity of dialogues going on for months now. He made an announcement earlier this month in which he said that the deal may take place if Twitter provides him with the details of fake and bot accounts.
The Tesla and SpaceX CEO first came up with the idea of launching his own social media platform in May this year using his Twitter handle. However, later in April month, he became the major shareholder in Twitter by acquiring over 9.2 percent of shares for over $2.9 billion. Following the deal, it was anticipated that Musk may also join the microblogging platform’s board of directors. However, later Twitter CEO Parag Agrawal announced that Muck will not join the board of directors on Twitter.
In mid-April Musk made an offer of buying Twitter for $43.2 billion of valuation, paying $54.20 per share. He had posted his filing with the United States (US) Securities and Exchange Commission, giving it the title “I made an offer”. In the filing, he stated that “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” adding to this he speculated that the company will “neither thrive nor serve this societal imperative in its current form”.
The microblogging platform in order to stop Musk from takeover bid adopted the 'Poison Pill' strategy. Although, the strategy wasn't so effective and by the end of April the acquisition deal was closed for over $44 billion with a per-share value of $54.20.
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