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Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 28, 2022. Musk stated he intended to buy Twitter to build X, an "everything app" he had been developing since 2018 to mimic the Chinese app WeChat. [1]
Twitter announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion.Twitter shareholders will receive $54.20 per share, and when the deal is finalized ...
Musk’s purchase of Twitter fed his constant need to reach the next level, according to biographer. Elon Musk bought Twitter to save it from ‘falling off a cliff’—and because he was bored ...
Late last October, Elon Musk officially closed a deal to acquire the platform then known as Twitter for $44 billion, after months of legal proceedings and threats to back out of the purchase.
X.com was an American online bank founded by Ed Ho, Harris Fricker, Elon Musk, and Christopher Payne in 1999 in Palo Alto, California. In 2000, it merged with competitor Confinity and in 2001, the merged company changed its name to PayPal. Starting in 2023, the x.com internet domain name began to be used for Twitter which was acquired by Musk ...
The service is owned by the American company X Corp., which was established to succeed the prior owner Twitter, Inc. in March 2023 following the October 2022 acquisition of Twitter by Elon Musk for US$44 billion. Musk stated that his goal with the acquisition was to promote free speech on the platform.
Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors.. Twitter Inc. said in a regulatory filing on ...
Elon Reeve Musk (⫽ ˈ iː l ɒ n ⫽; born June 28, 1971) is a businessman and investor known for his key roles in space company SpaceX and automotive company Tesla, Inc. Other involvements include ownership of X Corp., formerly Twitter, and his role in the founding of The Boring Company, xAI, Neuralink and OpenAI.