‘Bond villain move’: Speculation Elon Musk is planning a hostile takeover of Twitter

Speculation is mounting tech billionaire Elon Musk could possibly be gearing up for a hostile takeover of Twitter after he declined to be a member on the social media big’s board, which grants him the potential of shopping for the corporate outright.

If Mr musk joined the board he would have been restricted to buying solely a 14.9 per cent stake within the firm, so his resolution to reject the provide means he has the chance to hypothetically purchase the entire firm if he needed to.

The Tesla CEO has acquired a blended response to his resolution to grow to be a Twitter shareholder with some terrified of what he’s planning.

A CBS correspondent copped backlash at this time for referring to Mr Musk as a “Bond Villain” after making an attempt to know his rationale.

CBS Mornings host Gayle King hit again by declaring the tech billionaire simply “thinks outside the box” and that he’s “never boring”.

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