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Chronicles

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An excerpt from the book “Character Limit” on Elon Musk's Twitter acquisition and how his inner circle employed hardball tactics in a touch-and-go transaction

In an excerpt from their new book, Character Limit, Kate Conger and Ryan Mac detail how Musk's “goons” … Bluesky: @ishaav.bsky.social . X: @rmac18 , @rmac18 , and @ranimolla Bluesky: Isha / @ishaav.bsky.social : great title X: Ryan Mac / @rmac18 : In Oct. 2022, Elon Musk's reps assured Twitter that he had the ~$44 billion needed to buy the company. Then hours before the deal deadline, a Musk adviser said he was short and demanded Twitter wire about $400 million from its balance sheet to cover them. The adviser reasoned the [image] Ryan Mac / @rmac18 : Some of the first words uttered by Musk when he closed the deal to buy Twitter? “Fuck Zuck!” https://www.vanityfair.com/... [image] Rani Molla / @ranimolla : Some of Elon Musk's first words after buying Twitter: “Fuck Zuck!” No big ideas about the future of the internet's town square, no tirade about free speech. Just one billionaire in a pissing contest with another. https://sherwood.news/...

Vanity Fair