Author Topic: Biden administration weighing options to block Musk's takeover of Twitter  (Read 266 times)

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Offline mystery-ak

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Biden administration weighing options to block Musk's takeover of Twitter

US officials see Musk as holding a "Russia-friendly stance following a series of tweets that outlined peace proposals favorable to President Vladimir Putin" and that now they are concerned about his "plans to buy Twitter with a group of foreign investors."


Joshua Young
Youngsville North Carolina
Oct 22, 2022 2 minute read

The Biden administration is considering what options it has to heavily scrutinize and potentially block the sale of Twitter to Elon Musk after the billionaire CEO of Space X threatened that he would no longer pay for Ukraine to have free access to the Starlink satellite internet service.

Bloomberg reports that US officials see Musk as holding a "Russia-friendly stance following a series of tweets that outlined peace proposals favorable to President Vladimir Putin" and that now they are concerned about his "plans to buy Twitter with a group of foreign investors."


https://rumble.com/embed/v1m128i/?pub=4

As The Post Millennial has reported, the Biden administration has already sent over $60 billion to Ukraine with the expectation to dedicate tens of billions more as the conflict continues into the winter.

Elon Musk's $44 billion Twitter takeover could fall under review by the Committee on Foreign Investment in the United States (CFIUS), which is an interagency group managed by the Treasury Department.

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https://thepostmillennial.com/biden-administration-weighing-options-to-block-musks-takeover-of-twitter
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Offline christian

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Biden has crippled and crushed plenty of capitalism that has made America thrive since his first day in office, conversely also empowering the capitalism of our highly determined foreign enemies, to our detriment.
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Offline Killer Clouds

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Can someone explain how the government can determine who can or cannot purchase a business?