Acquisition of Twitter by Elon Musk - Quiz
Acquisition of Twitter by Elon Musk
  • 1. Who instructed employees not to share commentary on a purported cancellation?
A) Zatko
B) Edgett
C) Agrawal
D) Musk
  • 2. By what percentage did Tesla shares rise in the hours after Musk's announcement?
A) 1.11 percent
B) 2.11 percent
C) 5.11 percent
D) 3.11 percent
  • 3. How did Trump initially describe the acquisition after criticizing Musk?
A) illegal
B) necessary
C) rotten
D) brilliant
  • 4. Who attacked Twitter for allegedly lying about the prevalence of its spambot accounts?
A) Charlie Kirk
B) Chris Murphy
C) Steve Bannon
D) Donald Trump
  • 5. What did Turning Point USA CEO Charlie Kirk muse that Musk may have been seeking to do?
A) expose Twitter
B) retire early
C) buy Facebook
D) delete the internet
  • 6. How did Agrawal describe Zatko's complaint in an email to employees?
A) a false narrative
B) a brilliant strategy
C) an absolute truth
D) a minor misunderstanding
  • 7. How did Trump respond to the purchase after the deal was closed?
A) indifferently
B) angrily
C) approvingly
D) critically
  • 8. What term did Trump use to describe what he felt was running Twitter prior to the purchase?
A) corporate elites
B) radical left lunatics
C) biased communists
D) radical right extremists
  • 9. Which Democrat voiced distrust of Musk and called for tighter government regulation?
A) Amy Klobuchar
B) Dan Crenshaw
C) Chris Murphy
D) Marsha Blackburn
  • 10. Which Democrat advocated for a federal investigation into the role of Saudi Arabia in the purchase?
A) Amy Klobuchar
B) Darrell Issa
C) Chris Murphy
D) Jordan
  • 11. Who stated that he hoped Twitter would eliminate political bias and ideological dictatorship?
A) Bin Talal Al Saud
B) Jamie Dimon
C) Dmitry Medvedev
D) Thierry Breton
  • 12. What law did Breton remind people that Twitter was bound by?
A) Digital Markets Act
B) General Data Protection Regulation
C) Free Speech Act
D) Digital Services Act
  • 13. On which platforms did Twitter employees express uncertainty and fear regarding layoffs?
A) Signal, WhatsApp, and Telegram
B) Reddit, Tumblr, and Pinterest
C) Slack, Discord, and LinkedIn
D) Twitter, Facebook, and Instagram
  • 14. Who tweeted her disappointment with Gadde's dismissal?
A) Beeban Kidron
B) Amy Kremer
C) Margarita Simonyan
D) Seyi Akiwowo
  • 15. Who praised Musk for his aspirations after the purchase?
A) Joe Rogan
B) Steve Bannon
C) Charlie Kirk
D) Stew Peters
  • 16. Which media personality attempted to circumvent their Twitter block after the purchase?
A) John Pavlovitz
B) Joe Rogan
C) Rob Reiner
D) Stew Peters
  • 17. Who demanded that Musk lift her Twitter suspension?
A) Seyi Akiwowo
B) Margarita Simonyan
C) Beeban Kidron
D) Marjorie Taylor Greene
  • 18. Who urged Musk to eradicate spambot accounts?
A) Bin Talal Al Saud
B) Jamie Dimon
C) Dmitry Medvedev
D) Thierry Breton
  • 19. Which Tesla rival announced it would temporarily stop paid advertising on Twitter?
A) Audi
B) General Motors
C) Porsche
D) Volkswagen Group
  • 20. Which alt-tech platform welcomed Musk's purchase?
A) Mastodon
B) Truth Social
C) Gettr
D) Parler
  • 21. Which alt-tech platform was more skeptical of the purchase, believing Twitter was fundamentally broken?
A) Gettr
B) Mastodon
C) Telegram
D) Parler
  • 22. With which 2022 film were similarities drawn regarding the acquisition?
A) Glass Onion: A Knives Out Mystery
B) Don't Look Up
C) The Big Short
D) The Social Network
  • 23. Who directed the film that was compared to Musk's acquisition?
A) Rian Johnson
B) Christopher Nolan
C) Adam McKay
D) Denis Villeneuve
  • 24. Which digital investigations company reported on follower changes after the deal was finalized?
A) Network Contagion Research Institute
B) Memetica
C) Anti-Defamation League
D) Center for Countering Digital Hate
  • 25. Which platform experienced a surge in sign-ups following the acquisition?
A) Parler
B) Gettr
C) Mastodon
D) LinkedIn
  • 26. Which left-wing influencers urged fellow leftists to remain on Twitter for the time being?
A) Amy Klobuchar and Chris Murphy
B) Joe Rogan and Stew Peters
C) John Pavlovitz and Rob Reiner
D) Seyi Akiwowo and Beeban Kidron
  • 27. What percentage spike in the use of a specific racial slur did the NCRI observe in the 12 hours after the acquisition?
A) 200 percent
B) 500 percent
C) 1000 percent
D) 100 percent
  • 28. How did Twitter respond to reports of accounts using racial slurs after the acquisition?
A) They stated it was a trolling campaign and accounts would be banned summarily.
B) They ignored the reports completely.
C) They blamed automated spambots.
D) They disabled the entire platform temporarily.
  • 29. Which organization reported an increase in antisemitic content?
A) Center for Countering Digital Hate
B) Memetica
C) Anti-Defamation League
D) Network Contagion Research Institute
  • 30. When did Musk begin purchasing Twitter stock?
A) April 4, 2022
B) January 31, 2022
C) April 15, 2022
D) April 14, 2022
  • 31. What milestone did Twitter's stock experience following Musk's April 4 announcement?
A) Trading suspension by the SEC
B) Complete delisting from the stock exchange
C) Largest single-day drop in company history
D) Largest intraday surge since its 2013 IPO
  • 32. What did Twitter invite Musk to do the day after his share acquisition announcement?
A) Join the company's board
B) Become CEO of the company
C) Fund a new research division
D) Sell his shares immediately
  • 33. Who did Musk phone on the day he was invited to join the board, suggesting he remain on it?
A) Dorsey
B) The SEC chairman
C) Taylor
D) Morgan Stanley
  • 34. What did Musk inform Twitter he intended to do after deciding not to join the board?
A) Launch a competing social media platform
B) Make an offer to take the company private
C) Sue the board members for stock manipulation
D) Sell all of his Twitter shares
  • 35. Who sued Musk on April 12 for allegedly manipulating stock prices and violating SEC rules?
A) Jack Dorsey
B) The Securities and Exchange Commission
C) A company shareholder
D) Tesla's board of directors
  • 36. When did Musk make an unsolicited and non-binding offer to purchase Twitter?
A) April 14, 2022
B) April 4, 2022
C) April 20, 2022
D) January 31, 2022
  • 37. How much was Musk's buyout offer to purchase Twitter?
A) $43 billion
B) $54.20 billion
C) $62.5 billion
D) $2.64 billion
  • 38. What was the price per share offered by Musk in his buyout bid?
A) $27.00
B) $9.20
C) $43.00
D) $54.20
  • 39. Why was Musk's buyout bid described as a hostile takeover attempt?
A) Because he used illegal funding methods
B) Because of the implied threat to purchase outstanding stock if management declined
C) Because he bypassed the SEC entirely
D) Because he threatened to fire all Twitter employees immediately
  • 40. What did Musk state he aimed to make Twitter during a TED interview?
A) A subsidiary of Tesla
B) A platform for free speech around the globe
C) A profitable e-commerce marketplace
D) A government-regulated utility
  • 41. What strategy did Twitter's board of directors announce on April 15?
A) Stock split initiative
B) Hostile merger defense
C) Poison pill strategy
D) Golden parachute policy
  • 42. When did Twitter's poison pill strategy expire?
A) January 31, 2023
B) April 14, 2022
C) April 20, 2023
D) April 14, 2023
  • 43. Who was urged by Twitter's largest institutional shareholders to seriously consider Musk's offer on April 17?
A) The SEC
B) Taylor
C) Musk
D) Dorsey
  • 44. Which bank led the group of banks providing financing for Musk's potential tender offer?
A) Bank of America
B) Morgan Stanley
C) Barclays
D) BNP Paribas
  • 45. How much were the senior secured bank loans secured by the bank group?
A) $7 billion
B) $6 billion
C) $20 billion
D) $6.25 billion
  • 46. How much was the subordinated debt secured for the buyout?
A) $7.1 billion
B) $6 billion
C) $13 billion
D) $7 billion
  • 47. How much were the bank loans to Musk personally, secured by his Tesla stock?
A) $20 billion
B) $6.25 billion
C) $7 billion
D) $12.5 billion
  • 48. How much Tesla stock value was used to secure Musk's personal bank loans?
A) $21 billion
B) $2.64 billion
C) $43 billion
D) $62.5 billion
  • 49. How much cash equity was Musk providing from sales of Tesla stock and other assets?
A) $6.25 billion
B) $20 billion
C) $7 billion
D) $13 billion
  • 50. How much equity was provided by 19 independent investors?
A) $7.1 billion
B) $7 billion
C) $6.25 billion
D) $6 billion
  • 51. What name did Musk use to register three holding companies two days after announcing his bid?
A) Twitter Takeover LLC
B) Free Speech Corp
C) Tesla Acquisitions
D) X Holdings
  • 52. How much of a paper loss did Musk incur on the day after the acquisition was announced?
A) $2.64 billion
B) $43 billion
C) $7 billion
D) $21 billion
  • 53. Who was the previous CEO of Twitter fired by Musk?
A) Bret Taylor
B) Jack Dorsey
C) Parag Agrawal
D) Linda Yaccarino
  • 54. What proportion of the company's workforce did Musk lay off?
A) All employees
B) One quarter
C) Half
D) Three quarters
  • 55. What kind of work did Musk demand employees commit to in an ultimatum?
A) Extremely hardcore work
B) Part-time remote work
C) Standard 40-hour work weeks
D) Volunteer community work
  • 56. Who was appointed as the CEO of X Corp.?
A) Sheryl Sandberg
B) Linda Yaccarino
C) Jack Dorsey
D) Parag Agrawal
  • 57. Which political group in the United States has largely supported the acquisition?
A) Conservatives
B) Liberals
C) Green party members
D) Socialists
  • 58. How many journalists had their accounts suspended by Musk in December 2022?
A) Twenty
B) Hundred
C) Ten
D) Five
  • 59. When did Elon Musk publish his first tweet on his personal Twitter account?
A) September 2017
B) March 2022
C) April 2022
D) June 2010
  • 60. How many followers did Elon Musk have on Twitter by April 2022?
A) More than 80 million
B) Less than 10 million
C) More than 50 million
D) Exactly 80 million
  • 61. Who is Egon Durban?
A) Tesla board member
B) Twitter co-founder
C) Axel Springer CEO
D) Silver Lake co-CEO
  • 62. Whose CEO was revealed in September 2022 to have urged Musk to buy Twitter?
A) Palantir
B) Axel Springer
C) Silver Lake
D) Babylon Bee
  • 63. What is the name of the Axel Springer CEO who urged Musk to buy Twitter via text?
A) David Sacks
B) Mathias Döpfner
C) Bret Taylor
D) Parag Agrawal
  • 64. Which publication reported that a group of libertarian-leaning activists and businessmen encouraged Musk?
A) Wall Street Journal
B) Bloomberg
C) The Nation
D) New York Times
  • 65. What term is used to describe former executives at the online payments company PayPal who encouraged Musk?
A) PayPal mafia
B) Silver Lake group
C) Tesla board
D) Silicon Valley elites
  • 66. What relation is Kimbal Musk to Elon Musk?
A) Cousin
B) Co-founder
C) Brother
D) Business partner only
  • 67. Which publication noted the role of the Saudi government in close financial ties with Silicon Valley elites?
A) Wall Street Journal
B) The Washington Post
C) Financial Times
D) The Nation
  • 68. Who did Musk say accepted the deal and finalized it?
A) Jack
B) Agrawal
C) Taylor
D) Dorsey
  • 69. What did Musk suggest he might convert Twitter's San Francisco headquarters into?
A) A public park
B) A Tesla showroom
C) A data center
D) A homeless shelter
  • 70. Which Twitter executive was criticized by Musk in published tweets and subsequently harassed?
A) Vijaya Gadde
B) Bruce Falck
C) Martha Lane Fox
D) Kayvon Beykpour
  • 71. On what date did Musk reveal he had placed the deal "on hold"?
A) June 3
B) May 13
C) May 16
D) May 25
  • 72. What emoji did Musk tweet in response to Agrawal's May 16 Twitter thread?
A) A thumbs down emoji
B) A poop emoji
C) A laughing emoji
D) A fire emoji
  • 73. Which government agency did Musk urge to investigate Twitter's daily user numbers?
A) SEC
B) IRS
C) U.S. Justice Department
D) FTC
  • 74. Which Twitter investor filed a class-action lawsuit against Musk alleging market manipulation?
A) Jack Dorsey
B) Peiter Zatko
C) William Heresniak
D) Parag Agrawal
  • 75. In which state did the lawsuit allege Musk violated corporate laws?
A) Texas
B) Delaware
C) New York
D) California
  • 76. What did Musk pledge his commitment to as a source of revenue for Twitter during the all-hands meeting?
A) Subscription fees
B) Cryptocurrency transactions
C) Advertising
D) Government grants
  • 77. Who filed a complaint with the SEC, U.S. Justice Department, and FTC on July 6?
A) Whistleblower Aid
B) The Washington Post
C) William Heresniak
D) Tesla Inc.
  • 78. Who was the former Twitter security officer who accused executives of making false or misleading statements?
A) William Heresniak
B) Parag Agrawal
C) Peiter Zatko
D) Jack Dorsey
  • 79. Which publication reported on July 7 that the deal was "in peril" amid a slowdown in discussions on funding?
A) The New York Times
B) The Washington Post
C) Bloomberg
D) The Wall Street Journal
  • 80. On what date did Musk announce his intention to terminate the proposed acquisition of Twitter?
A) July 10
B) July 12
C) July 8
D) August 29
  • 81. What specific data requests did Musk claim Twitter refused to comply with?
A) Employee salary data
B) Internal chat logs
C) Spambot account data
D) User financial records
  • 82. Which law firm was hired by Twitter on July 10 to represent its case?
A) Potter Anderson & Corroon
B) Wachtell, Lipton, Rosen & Katz
C) Quinn Emanuel Urquhart & Sullivan
D) Skadden, Arps, Slate, Meagher & Flom
  • 83. Which law firm did Musk employ for the legal battle, having previously used them for Unsworth v. Musk?
A) Ballard Spahr
B) Quinn Emanuel Urquhart & Sullivan
C) Wilson Sonsini Goodrich & Rosati
D) Wachtell, Lipton, Rosen & Katz
  • 84. Who served as Musk's personal lawyer during the legal proceedings?
A) William Savitt
B) Leo Strine
C) David Sacks
D) Alex Spiro
  • 85. What was Musk's tweeting response to the filing of Twitter's lawsuit?
A) "Oh the irony lol"
B) "Deal terminated"
C) "Free speech prevails"
D) "Bring it on"
  • 86. What trial dates did Twitter initially request?
A) February 13 through February 22, 2023
B) October 10 through October 14
C) September 19 through September 22
D) October 17 through October 21
  • 87. What was the originally scheduled "drop dead" date for the deal?
A) October 10
B) February 13, 2023
C) October 24
D) September 19
  • 88. Who was the judge who ruled that the trial would last for five days in October?
A) Kathaleen McCormick
B) Alex Spiro
C) William Savitt
D) Leo Strine
  • 89. What did Twitter cite during its quarterly earnings investor call on July 22 as the primary factor for its decline in revenue?
A) The "chaos" caused by the proposal
B) A drop in active daily users
C) Decreased advertising demand due to inflation
D) Legal fees from the lawsuit
  • 90. What trial start date did judge McCormick ultimately grant after Musk's lawyers requested October 17?
A) October 10
B) September 19
C) October 17
D) February 13, 2023
  • 91. Which former Twitter employee's documents was Twitter ordered to produce following a request by Musk's team?
A) Taylor
B) Agrawal
C) Zatko
D) Beykpour
  • 92. Name one of the businessmen and investors, aside from Dorsey, who was subpoenaed by Musk.
A) William Savitt
B) Marc Andreessen
C) Kathaleen McCormick
D) Leo Strine
  • 93. Which subpoenaed individual filed a failed motion to dismiss the subpoena?
A) Lonsdale
B) Zatko
C) Dorsey
D) Sacks
  • 94. Approximately how many total subpoenas were issued by lawyers for Twitter?
A) Over 84
B) Exactly 41
C) 9,000
D) More than 36
  • 95. With which team did Twitter announce it would combine its health team to face increasing pressure from Musk?
A) Investor relations team
B) Anti-spam team
C) Legal team
D) Executive board
  • 96. On what date did Musk file a "termination letter" with the SEC citing Zatko's claims?
A) August 29
B) August 6
C) July 8
D) September 13
  • 97. Whose claims did Musk cite as evidence that Twitter breached their contract in his August 29 SEC filing?
A) Beykpour's
B) Dorsey's
C) Zatko's
D) Agrawal's
  • 98. Which company did Musk deposit a $1 billion loan from during this time?
A) The Washington Post
B) Bloomberg News
C) Tesla
D) SpaceX
  • 99. How did the White House respond to reports about a potential national security review?
A) Denied the reports
B) Refused to comment
C) Confirmed the reports
D) Announced an immediate ban
  • 100. What object was Musk jokingly carrying in a video he tweeted upon visiting Twitter's headquarters?
A) A kitchen sink
B) A box of files
C) A computer tower
D) A broom
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