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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.
Heilemann and Sorkin discuss the blockbuster deal rattling global media and politics, SpaceX and Tesla CEO Elon Musk’s $44 billion acquisition of Twitter, the implications of the world’s ...
Elon Musk is buying Twitter. The CEO of Tesla, SpaceX, Neuralink, and the Boring Company will add another corporate feather to his bejeweled cap, after the social media platform announced Monday ...
If nothing else, $44 billion has bought Twitter power-user Elon Musk status as the No. 1 most-followed account on the social network. As of Thursday morning, Musk had 133.088 million users — up ...
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.
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 ...
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 ...
It sure looks like Elon Musk's $44 billion Twitter takeover is actually happening. On Tuesday, representatives of the billionaire notified Twitter through a letter that he intends to move forward ...