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In 2017, in response to a tweet suggesting that he buy Twitter, Inc., Musk replied, "How much is it?" [3] On March 24, 2022, Musk began tweeting criticisms of Twitter, [4] polling his followers on whether the company adhered to the principle that "free speech is essential to a functioning democracy". [5]
Over 16 million companies used its product at the time of the acquisition. Twitter's aim with the acquisition was to enhance its geotagging API with GeoAPI features. [9] Twitter paid for the acquisition using roughly $5 million of stock, and Mixer Lab employees were invited to become Twitter employees. [10] [11] [12] 4 April 9, 2010: Atebits ...
[58] [59] Twitter's board introduced a "poison pill" strategy on April 15, which would allow shareholders to buy additional stock should a hostile takeover occur as a means to block Musk's takeover. [60] On April 20, Musk secured $46.5 billion in funding as a tender offer, which the board accepted on April 25. [61] [62] [63]
Musk eventually bought all of Twitter shares in a $44 billion purchase, and soon thereafter renamed it X. ... won’t have to worry about dealing with a Gensler-led SEC much longer. Trump has ...
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Before we understand the importance of debt, let us look at how much debt Twitter has.Twitter's Debt Based on Twitter's balance sheet as of October 30, 2020, long-term debt is at $2.55 billion and ...
This page was last edited on 4 December 2024, at 13:30 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 on May 17, 2024.