Elon Musk says Twitter deal is ‘on hold’


Elon Musk says Twitter deal is ‘on hold’

Musk says that he is ‘still committed’ to completing the deal, which would take Twitter private at $54.20 per share


Twitter shares plunged more than 10% during Friday’s trading session after Elon Musk said in a tweet that a deal for the company is temporarily on hold.

Later Friday morning, Musk added that he is “still committed to acquisition.”