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Transcripts For BBCNEWS BBC News 20240706



interview with bbc, elon musk, the owner of twitter, admitted he only went through with the purchase of the company because a judge was about force him to do so, that his takeover of twitter was painful and quite a rollercoaster, but that he would sell the company if the right person came along. musk purchased twitter for a whopping $41; billion, just over £35 billion pounds. just over £35 billion. he inherited a workforce of over 8,000 employee which he has defended cutting down to around 1,500, saying the company would have gone bankrupt otherwise. it s been just over a year since mr musk began his takeover of twitter. he purchased his first shares on 5 april, 2022, buying 9%. days later, musk submitted an offer to buy the whole company, above the current stock price. that was accepted on the 25th of april. in may, musk tweeted that the deal to buy twitter was temporarily on hold, he said because of the volume of fake accounts. twitter denied that and invited musk t ....

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