Elon Musk, founder of Tesla (TSLA), has been the subject of much reporting in recent months in media sources all over the world over his attempt to seize control of Twitter. Although both workers and users of Twitter (TWTR) have not been shy about sharing their worries about the effects of such a deal, it appears that for the time being, these concerns have been allayed. The world’s richest man said last week that he intended to cancel the acquisition deal, launching an unprecedented court dispute that could rock the US IT sector.
Deal Creates a Stir
This April, Musk and the employees of Twitter’s executive suite caused a stir online.