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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.
Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform. ... After the takeover. As Musk entered Twitter headquarters with a sink ...
Yahoo Finance’s Alexis Keenan reports that Elon Musk has completed his $44 billion Twitter takeover deal and top executives have exited the company.
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 ...
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.
[65] [66] On July 12, Twitter opened a lawsuit against Musk to force the sale to proceed. [67] On September 13, 2022, Twitter shareholders voted to approve Elon Musk's takeover of the company. [68] 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.
All the ways that Twitter may change now that Elon Musk is in charge.
The Tesla CEO and Twitter reach a $44 billion deal, giving Musk full control to take it private. Elon Musk’s Twitter Takeover Is Now Real Skip to main content