Sam Bankman-Fried reportedly intends to join Twitter deal in March
Advisor to FTX owner unsuccessfully asked Elon Musk to join acquisition deal.
New
It wasn't just Elon Musk who considered buying Twitter - crypto billionaire and FTX exchange CEO Sam Bankman-Fried "was interested" in acquiring the social network in March 2022, according to a Business Insider report.
In the article, published on September 29, the journalists refer to private texts published in the midst of the legal battle between Musk and Twitter, which took place after the businessman had suspended negotiations acquisition in July.
According to the report, in March Will MacAskill, a philosopher and close adviser to Bankman-Fried, texted Musk and raised the possibility of a joint effort to buy the social network:
"I don't know if that's what you're thinking, but my collaborator Sam Bankman-Fried has for a while been potentially interested in buying it and making it better for the world. If you'd like to chat with him d 'a possible joint effort in this direction.'
In response, Musk asked if Bankman-Fried had “huge amounts of money,” and MacAskill claimed SBF was worth $24 billion and was willing to spend $8-15 billion on the acquisition . Later, in April, MacAskill discussed the financing with the head of global technology investment banking at Morgan Stanley, Michael Grimes. The latter told Musk that the crypto entrepreneur could provide $5 billion to seal the deal, calling him an “ultra awesome builder and doer.” But Musk didn't show any significant interest and noted that he doesn't want to "have an arduous blockchain debate" with SBF.
Related:
Advisor to FTX owner unsuccessfully asked Elon Musk to join acquisition deal.
New
It wasn't just Elon Musk who considered buying Twitter - crypto billionaire and FTX exchange CEO Sam Bankman-Fried "was interested" in acquiring the social network in March 2022, according to a Business Insider report.
In the article, published on September 29, the journalists refer to private texts published in the midst of the legal battle between Musk and Twitter, which took place after the businessman had suspended negotiations acquisition in July.
According to the report, in March Will MacAskill, a philosopher and close adviser to Bankman-Fried, texted Musk and raised the possibility of a joint effort to buy the social network:
"I don't know if that's what you're thinking, but my collaborator Sam Bankman-Fried has for a while been potentially interested in buying it and making it better for the world. If you'd like to chat with him d 'a possible joint effort in this direction.'
In response, Musk asked if Bankman-Fried had “huge amounts of money,” and MacAskill claimed SBF was worth $24 billion and was willing to spend $8-15 billion on the acquisition . Later, in April, MacAskill discussed the financing with the head of global technology investment banking at Morgan Stanley, Michael Grimes. The latter told Musk that the crypto entrepreneur could provide $5 billion to seal the deal, calling him an “ultra awesome builder and doer.” But Musk didn't show any significant interest and noted that he doesn't want to "have an arduous blockchain debate" with SBF.
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