Twitter, analysts wary of Musk takeover bid

The global one-to-many messaging platform is moving to prevent the Tesla boss from getting his hands on all of Twitter’s outstanding shares, signaling that worries about where he would lead the company outweigh the proffered payoff. — Dreamstime/TNS

SAN FRANCISCO: As tempting as access to Elon Musk’s wealth may be, Twitter is not eager to be ruled by a billionaire known for shooting from the hip with little regard for the consequences.

The global one-to-many messaging platform is moving to prevent the Tesla boss from getting his hands on all of Twitter’s outstanding shares, signalling that worries about where he would lead the company outweigh the proffered payoff.