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