{"id":502995,"date":"2022-10-21T18:26:43","date_gmt":"2022-10-21T15:26:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-twitter-deal-still-on-track-despite-security-report\/"},"modified":"2022-10-21T18:26:43","modified_gmt":"2022-10-21T15:26:43","slug":"elon-musk-twitter-deal-still-on-track-despite-security-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-twitter-deal-still-on-track-despite-security-report\/","title":{"rendered":"#Elon Musk-Twitter deal &#8216;still on track&#8217; despite security report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3bc1a6e2c7d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3bc1a6e2c7d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musk-twitter-deal-still-on-track-despite-security-report\/#%E2%80%9CElon_Musk-Twitter_deal_%E2%80%98still_on_track_despite_security_report%E2%80%9D\" >&#8220;Elon Musk-Twitter deal &#8216;still on track&#8217; despite security report&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musk-Twitter_deal_%E2%80%98still_on_track_despite_security_report%E2%80%9D\"><\/span>&#8220;Elon Musk-Twitter deal &#8216;still on track&#8217; despite security report&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Elon Musk\u2019s $44 billion <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> buyout is still expected to close next week, analysts and a source familiar with the deal said, despite a curveball report about a potential national security review that sent Twitter shares tanking on Friday.\u00a0<\/p>\n<p>Twitter shares closed down 4.9% at $49.89 following a Bloomberg report that the Biden administration is considering investigating potential national security risks posed by the deal.\u00a0<\/p>\n<p>US officials were reportedly concerned about Musk\u2019s recent threat to cut off SpaceX\u2019s Starlink internet service in Ukraine, which he has since walked back, as well as a report that he discussed the war with Vladimir Putin. Musk denied the story, saying that he hadn\u2019t spoken with Putin since before the war began.\u00a0<\/p>\n<p>A source close to the deal said Musk is \u201cstill on track\u201d to buy Twitter by the court deadline of next Friday. The source described the Bloomberg story as \u201cpolitical noise.\u201d\u00a0<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>Twitter declined to comment. An attorney for Musk did not immediately respond to a request for comment.\u00a0<\/p>\n<p>A hedge fund analyst closely following the case outlined four scenarios involving the potential national security probe.<\/p>\n<p>The first and by far most likely scenario, the analyst said, is that the Biden administration does not do anything to block the deal before it goes through or punish Musk afterward. <\/p>\n<p>Blocking the deal would require moving incredibly fast before it\u2019s expected to close by Oct. 28, while seeking to unwind it after it closes would set the stage for a nasty political fight.\u00a0<\/p>\n<p>The second-most likely outcome is that the US forces Musk to exclude foreign co-investors such as Cayman Islands-based crypto exchange Binance \u2014 which is reportedly being investigated by the Department of Justice \u2014 and the Qatari sovereign wealth fund. Saudi Prince Alwaleed bin Talal, who already owns a large chunk of Twitter that he had planned to roll over into Musk\u2019s new company, could also be excluded.\u00a0<\/p>\n<p>Axing foreign investors could force Musk to come up with more cash, potentially by selling Tesla shares, but it would not prevent him from owning the company.\u00a0<\/p>\n<div class=\"inline-slideshow\" data-component=\"inlineSlideshow\">\n<div class=\"inline-slideshow__wrapper\">\n<div class=\"inline-slideshow__slides\">\n<div class=\"inline-slideshow__slide\">\n<figure class=\"inline-slideshow__slide-figure\">\n                        <img decoding=\"async\" width=\"878\" height=\"585\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all&amp;w=878\" class=\"inline-slideshow__image\" alt=\"Elon Musk\" loading=\"lazy\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all&amp;w=1756 1756w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all&amp;w=1317 1317w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all&amp;w=878 878w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all&amp;w=439 439w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 878px) 100vw, 878px\"\/><figcaption class=\"meta meta--caption\">\n                                    Elon Musk is &#8220;still on track&#8221; to buy Twitter, according to a source close to the deal.                              <\/figcaption><span class=\"inline-slideshow__credit meta meta--byline\">AFP via Getty Images<\/span><br \/>\n                                                    <\/figure>\n<\/p><\/div>\n<div class=\"inline-slideshow__slide\">\n<figure class=\"inline-slideshow__slide-figure\">\n                        <img decoding=\"async\" width=\"878\" height=\"585\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all&amp;w=878\" class=\"inline-slideshow__image\" alt=\"The Biden administration was reportedly concerned about threats from Elon Musk to cut off Starlink internet service in Ukraine.\" loading=\"lazy\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all&amp;w=1756 1756w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all&amp;w=1317 1317w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all&amp;w=878 878w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all&amp;w=439 439w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/white-house-00-1.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 878px) 100vw, 878px\"\/><figcaption class=\"meta meta--caption\">\n                                    The Biden administration was reportedly concerned about threats from Elon Musk to cut off Starlink internet service in Ukraine.                             <\/figcaption><span class=\"inline-slideshow__credit meta meta--byline\">Getty Images<\/span><br \/>\n                                                    <\/figure>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>A third option is that the Biden administration\u2019s Committee on Foreign Investment in the United States could force Musk to sell Twitter months after the deal closes, likely for a huge loss.\u00a0<\/p>\n<p>Musk said this week that he\u2019s \u201cobviously overpaying\u201d for Twitter at $44 billion \u2014 and analysts say the company should really be worth something in the ballpark of $20 billion. A recession next year could drive that price even lower. \u00a0<\/p>\n<p>A fourth scenario that the hedge fund analyst called \u201cvery, very unlikely\u201d is that the Biden administration moves to block the deal within the next week before the deal officially closes, allowing Musk to avoid owning Twitter.\u00a0<\/p>\n<p>That would give Musk the escape route that he <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared to spend months desperately trying to find before agreeing earlier in October to buy the site for $54.20 per share.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/10\/21\/elon-musk-twitter-deal-still-on-track-despite-security-report\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk-Twitter deal &#8216;still on track&#8217; despite security report&#8221; Elon Musk\u2019s $44 billion Twitter buyout is still expected to close next week, analysts and a source familiar with the deal said, despite a curveball report about a potential national security review that sent Twitter shares tanking on Friday.\u00a0 Twitter shares closed down 4.9% at $49.89&#8230;<\/p>\n","protected":false},"author":1,"featured_media":502996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/elon-musk-42.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[134383,39394,70584,71525,78314,10401,73234,42873],"class_list":["post-502995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-21-22","tag-elon-musk","tag-mergers-acquisitions","tag-national-security","tag-starlink","tag-twitter","tag-vladimir-putin","tag-white-house"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/502995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=502995"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/502995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/502996"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=502995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=502995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=502995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}