Elon Musk quietly arrived at Sun Valley tech and media confab amid growing doubts about his $44 billion Twitter takeover bid and the shocking revelation he gave birth to twins with a subordinate at one of his firms.
Musk was reportedly escorted through the back entrance to the Sun Valley Lodge, dodging multiple cameras that tracked the arrival and departure of the annual “summer camp for billionaires.”
As Variety reports, the world’s richest man arrived just after 5 p.m. local time on Thursday. Musk immediately went to have dinner with a group of unknown guests.
The content of Musk’s address to his fellow titans in the tech, media and business sectors is still unknown after another eventful week for the Tesla boss. Twitter CEO Parag Agarwal is also present at the conference.
Musk’s deal to buy Twitter for $44 billion has been cast in serious doubt — with reports the billionaire is set to sidestep the company over concerns that Twitter’s user base in his camp has a number of spam bots. There is a lack of sufficient information to verify this.
The Washington Post, citing sources familiar with the matter, reported that Musk’s camp has stalled some discussions regarding financing for the $44 billion deal. His team is reportedly not convinced that Twitter’s statistics about spam bots are verifiable, even though the company provided “firehose” data that included all tweets posted on the platform.
Twitter reiterated this week that spam accounts account for less than 5% of its user base. The company also said that it removes 1 million spam bots per day.
But the Twitter battle over Musk’s upcoming speech is just one major development.
The billionaire confirmed on Page Six on Thursday that he has given birth to twins with Sivon Zillis, a top executive at the brain chip company he co-founded, Neuralink. Musk acknowledged the birth of the children, which had not previously been reported, after an insider reported details of court documents showed they were born in November 2021.
Musk also addressed the situation on Twitter.
Tesla CEO tweeted on Thursday, “Trying my best to help with the low population crisis.” “A collapsing birth rate is the greatest threat civilization has ever faced.”
Musk joins Warren Buffett, Bill Gates and other business leaders in Sun Valley. New York City-based boutique investment firm Allen & Company hosts the annual event.