"I think a new social media company is needed that is based on a blockchain and includes payments," Elon Musk said in a text message just days before he offered to buy Twitter (TWTR) for $43 billion back in April.
The controversial acquisition, which has since fallen through, prompted Twitter to file suit against the Tesla (TSLA) CEO in an attempt to force his hand. Musk is due to face a deposition in October, but a series of texts sent and received by the billionaire released on Friday shed some light on what was going on leading up to the offer and what may have led to him scrapping the deal.
The text messages spanned 40 pages and the six months between January and June. The messages involve a number of public figures and entrepreneurs – from angel investor Jason Calacanis and American television personality Gayle King, to controversial podcast host Joe Rogan – hyping the acquisition offer and gushing over the billionaire's plans for the social media platform.
Musk offered to buy...
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