The deal is on! Isn’t it? With Elon Musk’s courtship of Twitter, it is hard to know. In April the world’s richest man agreed to join the social network’s board, only to change his mind a week later. He then signed a deal to buy the company, but within days was tweeting insults at its leaders. In July he said the deal was off, prompting Twitter to sue. On October 3rd he said he would buy it after all.
Does Mr Musk mean it this time? Markets think so: Twitter’s shares leapt from $43 to $52, just shy of Mr Musk’s offer of $54.20. Twitter shareholders
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