06-May-22 07:30

Ashley Kim, Senior Associate Analyst, Bloomberg Intelligence's Technology Team

Twitter's board has accepted Elon Musk's offer last week and just yesterday it was announced that the Tesla CEO has secured USD7.1 billion in funding. While the deal looks set to complete, U.S. Federal Trade Commission (FTC) will decide next month if an in depth antitrust probe is needed which could delay the closing of the transaction. Ashley Kim, Senior Associate Analyst at Bloomberg Intelligence's Technology Team breakdown the details for us. Image credit: Unsplash.com