3 Implications From Elon Musk Putting Twitter Deal on Hold
Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art in New York City on May 02, 2022. Dimitrios Kambouris/Getty Images for The Met Museum/Vogue
Elon Musk spooked the market with his early Friday tweet that the Twitter, Inc. deal is on hold. Wedbush analyst Dan Ives says there are three scenarios at play now:
The Street will view the announcement as signaling that the deal could be falling apart.
