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