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Elon Musk paid $54.20 per share for Twitter when he completed his acquisition on Oct. 28, 2022. The total purchase price was approximately $44 billion. ... X was also regarded as less trustworthy ...
Elon Musk acquired Twitter at $44 billion, but investors have been writing down its paper value. ... Musk has posted more than 100 times on some days to his more than 200 million followers.
That’s a 78.7% drop. Buying Twitter was a $46.5 billion deal: $44 billion went to shareholders and about $2.5 billion went to expenses. Musk and his coinvestors put about $33 billion into the ...
According to material viewed by Fortune, Musk (the most followed user on X with 155 million followers) has garnered just over 40,000 subscribers, or about 0.025% of his followers, who each pay $4 ...
This list contains the top 50 accounts with the most followers on the social media platform X, formerly and commonly known as Twitter. Notable figures such as Elon Musk, Barack Obama, Cristiano Ronaldo, Justin Bieber, Rihanna, Katy Perry, and Narendra Modi, are at the top of the list, each with over 100 million followers. As of November 2024 ...
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk ... the $44 billion that Musk paid. Other investors could value X differently ...
Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform. ... November saw Twitter lose $4 million per day, according to Musk ...