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=4As 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