Elon Musk reveals he bought Twitter because he had to, not because he wanted to

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Elon Musk, the CEO of Tesla and SpaceX, recently spoke to BBC reporter James Clayton in a rare interview on Twitter Spaces. During the interview, Clayton asked Musk about his purchase of Twitter and whether he did it willingly or under duress.

According to Musk, he only went through with the deal because he believed that he would be forced to do so legally. The court case at the time involved Twitter trying to force Musk to go through with the sale, and it seemed like the case was not going well for him.

Here’s a transcript from the Twitter Spaces audio:

Clayton: So then you change your mind again, and decided to buy it – did you do that? Did you do that?

Musk: Well, I kind of had to.

Clayton: Right. Did you do that, because you thought that a court would make you do that?

Musk: Yes.

Clayton: Right.

Musk: Yes, that is the reason.

Clayton: So you were still trying to get out of it. And then you just were advised by lawyers, “Look, you’re going to buy this?”

Musk: Yes.

Musk’s acquisition of Twitter has been a subject of controversy, with some arguing that it could lead to conflicts of interest and others speculating that Musk could use the platform to manipulate the stock market.

Despite the concerns, Musk has maintained that he has no intention of changing how Twitter operates and that he is only interested in using the platform to interact with his followers.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Elon Musk reveals he bought Twitter because he had to, not because he wanted to

Elon Musk, the CEO of Tesla and SpaceX, recently spoke to BBC reporter James Clayton in a rare interview on Twitter Spaces. During the interview, Clayton asked Musk about his purchase of Twitter and whether he did it willingly or under duress.

According to Musk, he only went through with the deal because he believed that he would be forced to do so legally. The court case at the time involved Twitter trying to force Musk to go through with the sale, and it seemed like the case was not going well for him.

Here’s a transcript from the Twitter Spaces audio:

Clayton: So then you change your mind again, and decided to buy it – did you do that? Did you do that?

Musk: Well, I kind of had to.

Clayton: Right. Did you do that, because you thought that a court would make you do that?

Musk: Yes.

Clayton: Right.

Musk: Yes, that is the reason.

Clayton: So you were still trying to get out of it. And then you just were advised by lawyers, “Look, you’re going to buy this?”

Musk: Yes.

Musk’s acquisition of Twitter has been a subject of controversy, with some arguing that it could lead to conflicts of interest and others speculating that Musk could use the platform to manipulate the stock market.

Despite the concerns, Musk has maintained that he has no intention of changing how Twitter operates and that he is only interested in using the platform to interact with his followers.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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