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Elon Musk dismisses report that former FTX CEO has invested in Twitter

24.11.2022

Elon Musk took to Twitter to fact-check a publication reporting that the former FTX CEO Sam Bankman- Fried SBF had invested in Elon Musk's new Twitter. According to the report, SBF had rolled over $100 million in investment into Elon Musk's new Twitter. Musk rejects this claim and outright calls it false.

All public shareholders of Twitter were given the option to roll over their shares when the company went private, according to Elon Musk. Musk stated that SBF owns 0 percent of Twitter.

Musk said that all public holders of Twitter were allowed to roll their stock into Twitter as a private company, but he did not do so. Your reporting made it falsely sound like he did, when in fact he owns 0%. He said how much of SBF owns for the last time? Elon Musk has been criticising the lack of coverage of FTX bankruptcy and Sam Bankman- Fried's hand in it. He is of the opinion that SBF was bribing the media. If SBF was as good at running a criptocurrency exchange as bribing media, FTX would still be solvent, according to Musk.