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The same day, Twitter filed new documents with the SEC, including a detailed timeline of Musk's purchase, [6] and affirmed they would "enforce the merger agreement" regardless of Musk's actions. [77] On May 25, Musk abandoned plans to partially fund the deal through margin loans against Tesla stock, instead opting to pledge an additional $6.25 ...
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 being ...
Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. WSJ takes an inside look at the tweets, texts ...
t. e. Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino. In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1][2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com ...
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 ...
The Twitter Files are a series of releases of select internal Twitter, Inc. documents published from December 2022 through March 2023 on Twitter. CEO Elon Musk gave the documents to journalists Matt Taibbi, Bari Weiss, Lee Fang, and authors Michael Shellenberger, David Zweig and Alex Berenson shortly after he acquired Twitter on October 27, 2022.
The Tesla boss said he is terminating the acquisition. For premium support please call: 800-290-4726 more ways to reach us
[66] [67] On July 12, Twitter opened a lawsuit against Musk to force the sale to proceed. [68] On September 13, 2022, Twitter shareholders voted to approve Elon Musk's takeover of the company. [69] On October 4, 2022, it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share.