Elon Musk Continues Speaking About SBF Holding $100 Million Worth Of Twitter Share
Elon Musk and a global news outlet funded by Sam Bankman-Fried got into a Twitter argument after the Twitter CEO called Semafor’s reporting false.
A Semafor article that claimed Bankman-Fried “contributed $100 million in equity towards the now-private Twitter” based on previously undisclosed communications between the two prompted anger from Musk.
Elon Musk harshly criticized the newspaper Semafor owned by SBF, with the somewhat scathing quote: Journalistic integrity is “trash.”
Musk responded to Semafor Editor-in-Chief Ben Smith after he commented on Musk’s tweet, asking: “How much of you does SBF own?”
Text messages between Musk and Bankman-Fried on May 5 indicate what may have been a joint investment before Musk’s $44 billion purchase of the social media juggernaut, according to Semafor. Bankman-Fried may have rolled a previously acquired $100 million stake in the company into Musk’s buyout.
Musk further confirmed that no Twitter shares are held by SBF as a private company.
Earlier, Elon Musk also responded to another Business Insider report that also wrote about this issue.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
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Elon Musk Continues Speaking About SBF Holding $100 Million Worth Of Twitter Share
Elon Musk and a global news outlet funded by Sam Bankman-Fried got into a Twitter argument after the Twitter CEO called Semafor’s reporting false.
A Semafor article that claimed Bankman-Fried “contributed $100 million in equity towards the now-private Twitter” based on previously undisclosed communications between the two prompted anger from Musk.
Elon Musk harshly criticized the newspaper Semafor owned by SBF, with the somewhat scathing quote: Journalistic integrity is “trash.”
Musk responded to Semafor Editor-in-Chief Ben Smith after he commented on Musk’s tweet, asking: “How much of you does SBF own?”
Text messages between Musk and Bankman-Fried on May 5 indicate what may have been a joint investment before Musk’s $44 billion purchase of the social media juggernaut, according to Semafor. Bankman-Fried may have rolled a previously acquired $100 million stake in the company into Musk’s buyout.
Musk further confirmed that no Twitter shares are held by SBF as a private company.
Earlier, Elon Musk also responded to another Business Insider report that also wrote about this issue.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
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