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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.
Tesla CEO Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform, including the workforce being slashed by 80% and the ...
Elon Musk completed the acquisition of Twitter. [201] 2022 November 1-9 Product Announcement of new version of Twitter Blue with verification system, costing $7.99 per month. [202] Launched 8 days later. [203] 2022 November 8 Product Addition of "Official" label for government, company, and public figure accounts [204] 2022 November 18-19
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, [ 134 ] [ 135 ] Twitter was rebranded to X on July 23, 2023, [ 136 ] and its domain name changed from twitter.com to ...
A poll posted by Mr Musk has seen Twitter users call for him to step down as head of the social media site. Timeline: Elon Musk’s turbulent Twitter reign Skip to main content
Musk bought Twitter in October 2022 and later renamed it X. Musk started amassing Twitter shares in early 2022, and by March of that year, he owned more than 5%. At this point, the complaint says, he was required by law to disclose his ownership, but he failed to do so until April 4, 11 days after the report was due.
Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform. The Twitter era under Tesla CEO Elon Musk: A timeline [Video] Skip to ...
On April 25, 2022, Twitter agreed to a $44 billion buyout by Elon Musk, CEO of SpaceX and Tesla, one of the biggest deals to turn a company private. [11] [12] On July 8, Musk terminated the deal. [13] Twitter's shares fell, [14] leading company officials to sue Musk in Delaware's Court of Chancery on July 12. [15]