Twitter Tumbles as US Weighs Security Reviews for Musk Deals

Concerns over Musk’s stance on Russia, threat to cut Starlink
Musk also considering cutting Twitter’s workforce by 75%

WATCH: Musk is repordely planning to cut 75% of Twitter’s workforce when he takes control of the social network. Kurt Wagner reports.Source: Bloomberg

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By Jennifer Jacobs and Saleha Mohsin

October 20, 2022 at 8:41 PM EDT

Updated on

October 21, 2022 at 9:37 AM EDT

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Biden administration officials are discussing whether the US should subject some of Elon Musk’s ventures to national security reviews, including the deal for Twitter Inc. and SpaceX’s Starlink satellite network, according to people familiar with the matter.

Twitter shares fell 5.1% as the market opened in New York on Friday.

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