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