Image Source: Hollywood Reporter
Elon Musk will address Twitter employees for the first time on Thursday since launching his $44 billion (£36.2 billion) bid for the firm in April.
At the meeting, the multibillionaire Tesla CEO is slated to take questions from Twitter employees. Mr. Musk has threatened to walk away from the arrangement if the company fails to share information on phony accounts on the site.
Twitter’s chief executive, Parag Agrawal, announced the event in an email to employees on Monday. Employees could submit questions to Mr. Musk in advance of the meeting, according to Mr. Agrawal.
A Twitter representative confirmed the news to the BBC after Business Insider initially reported it.
Mr. Musk will speak directly with the company’s employees for the first time since launching his takeover offer at the all-hands meeting.
He threatened to back out of the arrangement earlier this month, accusing the social media platform of “thwarting” his requests to learn more about its user base.
Mr. Musk said in a letter to regulators that he had the right to measure spam accounts himself.
The letter formalized a dispute that has been simmering for weeks since he put the sale “on hold” while awaiting more information.
Analysts believe Mr. Musk is attempting to renegotiate the price or perhaps walk away from the arrangement. They claimed that his decision to bring the topic up on social media was unusual, making it impossible to gauge his seriousness.
Mr. Musk responded with a poo emoji when Mr. Agrawal defended the company’s process for spotting bogus accounts in a series of tweets.
At the close of New York trade on Monday, the company’s shares were trading at $37.03, significantly below Mr. Musk’s offer price of $54.20.