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The SEC is also investigating Musk's purchases of Twitter stock in 2022. In late May, Musk agreed to testify before the SEC on the topic at an undisclosed date after he had previously sought to ...
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, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service.
X, commonly referred to by its former name Twitter, is a social networking service. It is one of the world's largest social media websites and the seventh-most visited website in the world. [3] [4] Users can share short text messages, images, and videos in posts (formerly "tweets") and like or repost/retweet other users' content. [5]
Following months of endless twists and turns, the $44 billion Twitter saga has finally come to an end and the "bird is freed," as Elon Musk tweeted on Oct. 27. The New York Stock Exchange has...
Twitter’s Market Cap: $31.34 Billion. Investors use market capitalization, or market cap for short, to gauge a company’s worth, and the market cap is just all the company’s stock combined ...
List of mergers and acquisitions by Twitter. X, formerly and colloquially known as Twitter, is an online social networking and microblogging service that enables users to send and read "posts" (formerly "tweets"), which are text messages limited to 280 characters. Registered users can read and post tweets but unregistered users can only read them.
Twitter (NYSE:TWTR) released its Q4 earnings last week. And Twitter stock got hammered.Source: Shutterstock Why?It wasn't its Q4 numbers, which came in at or above analysts' expectations. Revenue ...