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On April 14, Musk made an unsolicited and non-binding offer to Twitter to purchase the company for $43 billion, or $54.20 per share, and take it private. Though the offer was made to company management, the bid was described as a hostile takeover attempt because of the implied threat to purchase the outstanding stock if management declined.
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 ...
April 18, 2023 at 9:21 AM. Tesla CEO Elon Musk's $44 billion purchase of Twitter ( TWTR) has been followed by a series of chaotic events for the social media platform, including the workforce ...
An oral history of life inside Elon Musk's controversial $44 billion takeover. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
X Logo used since July 2023 [a] X homepage visited while logged out in July 2024 Type of site Social networking service Available in Multilingual Predecessor(s) Twitter Area served Worldwide, except blocking countries Owner X Corp. (2023–present) Chairman Elon Musk CEO Linda Yaccarino URL x.com Registration Required [b] Current status Active Native client(s) on Android iOS iPadOS Amazon Fire ...
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.
Musk hinted at Twitter’s financial troubles saying, “I acquired the world’s largest non-profit for $44 billion.” (Twitter had, in fact, reported a profit in 2018 and 2019, prior to Musk ...
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 ...