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Elon Musk's cryptic 'Love Me Tender' tweet baffles investors

Twitter has hired Goldman Sachs and JPMorgan Chase, the latter of which has sparred previously with Musk over the valuation of millions of dollars in Tesla stock warrants

Elon Musk. (Photo: Bloomberg)
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Elon Musk. (Photo: Bloomberg)

Agencies
Elon Musk tweeted Love Me Tender, an Elvis Presley song, a day after Twitter adopted a “poison pill” to protect itself from the billionaire's $43 billion cash offer to buy the social media company.

After Musk’s TED talk on Thursday, he hinted at the possibility of a hostile bid in which he would bypass Twitter’s board and put the offer directly to its shareholders, tweeting, “It would be utterly indefensible not to put this offer to a shareholder vote”.

In another tweet over the weekend, Musk, a self-described “free speech absolutist” who has been critical of Twitter and its policies, replied to