Twitter Inc shares – pressnews

[ad_1] Officials are discussing whether the US should subject some of Elon Musk’s ventures to national security review. Biden administration officials are discussing whether the US should subject some of Elon Musk's ventures to national security reviews, including the deal for Twitter Inc. and SpaceX's Starlink satellite network, according to people familiar with the matter. Twitter shares fell 5.1% as the market opened in New York on Friday. US officials have grown uncomfortable over Musk's recent threat to stop supplying the Starlink satellite service to Ukraine -- he said it had cost him $80 million so far -- and what they see as his increasingly Russia-friendly stance following a series of tweets that outlined peace proposals favorable to President Vladimir Putin. They are al...

[ad_1] Twitter Inc. shares are set to extend losses for a third session on Friday, widening the gap between Elon Musk’s $54.20 per share offer as the deal talks are said to be stuck over a debt financing contingency. Twitter Inc. shares are set to extend losses for a third session on Friday, widening the gap between Elon Musk's $54.20 per share offer as the deal talks are said to be stuck over a debt financing contingency. Shares in the social media firm which closed Thursday at $49.39, slipped as much as 1.9% in premarket trading as concerns surrounding the transaction's funding persist. Those uncertainties have kept Twitter's stock about 10% below the offer price. The stock is set to slip for a third day after soaring on Tuesday when Musk made a surprising U-turn from his effor...

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Twitter Tumbles as US Weighs Security Reviews for Musk Deals