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The world's richest man, Elon Musk, taking over Twitter is looking less likely.
Elon Musk Twitter Betting Props
Current Available Betting at BetOnline as of June 3, 2022
Twitter Share Price on June 30th
Under 39.5 $
Over 39.5 $
-120
-120
Musk Twitter Takeover Share Price (Must Occur Before January 1, 2023 for Bet to be Valid)
Under 41.5 $
Over 41.5 $
-120
-120
Elon Musk Twitter Takeover Before January 1, 2023
No
-275
Yes
+185
Deal Off?
Elon Musk issued his most direct threat yet to walk away from his purchase of Twitter (TWTR) on Monday, accusing the social media platform of failing to provide the data he has requested on spam and fake accounts.
He sent a letter to Twitter claiming they are "actively resisting and thwarting his information rights" as outlined by the deal.
"This is a clear material breach of Twitter's obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement," an attorney representing Musk wrote to the company.
Shares of Twitter fell 5% in early trading Monday.
- Aaron Goldstein, Gambling911.com
