![]() On Monday morning, Musk then turned his attention to Putin as he wrote. Hours later, Musk tweeted that Truth Social, Donald Trump’s rival social media platform, was outperforming Twitter and TikTok on the Apple store. SpaceX CEO Elon Musk is issuing a combat challenge to Russian President Vladimir Putin to determine the fate of Ukraine. The agreement states: “The equity investor shall be permitted to issue tweets about the merger or the transactions contemplated hereby so long as such tweets do not disparage the company or any of its representatives.”Īccording to the US dictionary publisher Merriam-Webster, the legal definition of disparagement is: “the publication of false and injurious statements that are derogatory of another’s property, business, or product”. After Russia disrupted Ukraine’s communications systems just before its full-scale invasion in February 2022, Musk agreed to provide Ukraine with millions of dollars of SpaceX-made Starlink. Musk had previously confirmed a leaked text conversation in he calls out Gates for shorting Tesla stock. The document filed with the US financial watchdog also addresses Musk’s penchant for attention-grabbing tweets that are avidly consumed and retweeted by his 86 million followers. Crimea, which was occupied by Russia in 2014, is strategically important for its access to the Black Sea. Elon Musk said in a tweet on Sunday that he is 'moving on' from 'making fun' of Bill Gates. Musk is part-funding the Twitter deal with $21bn of his own equity and a further $12.5bn loan secured against his Tesla stake. Musk has put together a $46.5bn funding package for the deal and his own contribution to it has concerned investors in Tesla, who wiped $126bn off the company’s value on Tuesday amid worries that the billionaire may have to sell shares in the electric carmaker to fund his share. Twitter will also have to pay a $1bn fee to the entrepreneur if, for instance, it accepts a higher bid from elsewhere. The world’s richest man, Elon Musk, is facing backlash for using Russia’s invasion of Ukraine to make a joke about wokeness and mock streaming giant Netflix. The break clause, a common feature of takeover agreements, would be triggered if the financing for the deal falls apart. Once in a while, Elon Musk will log onto Twitter, and decide to poke fun at. The agreement also stated Musk would have to pay Twitter $1bn if he walks away from the deal. (Photo by Britta Pedersen-Pool/Getty Images) Getty Images.
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