Shortseller bets against Musk and on Twitter

Shortseller bets against Musk and on Twitter
Elon Musk

Tesla boss has withdrawn his takeover bid for Twitter. The company emphasizes on fulfillment.


(Photo: Reuters)

Düsseldorf Elon Musk is in the midst of a dispute with short messaging service Twitter. A famous short seller wants to profit from it – and bets against it Tesla-On the part of the boss and online service.

Hindenburg Research announced Wednesday on all things short messaging that it had “significant long positions”. Twitter– Shares created. As per his own statements, the short seller is relying on rising prices.

Elon Musk signed a $44 billion acquisition deal with Twitter, but canceled it last Friday. He accused the company of breaching several points of the agreement. The tech group, in turn, is asking Musk to enforce the agreed acquisition in court.

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