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The same day, Twitter filed new documents with the SEC, including a detailed timeline of Musk's purchase, [6] and affirmed they would "enforce the merger agreement" regardless of Musk's actions. [77] On May 25, Musk abandoned plans to partially fund the deal through margin loans against Tesla stock, instead opting to pledge an additional $6.25 ...
Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. WSJ takes an inside look at the tweets, texts ...
On Thursday, the deal closed for his Twitter takeover. A timeline of Elon Musk's 10-month chaotic saga to buy Twitter, from him tweeting a poop emoji at the CEO to becoming the company's new owner ...
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 ...
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]
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.
A lot has happened since Elon Musk completed his acquisition of Twitter last month — layoffs of thousands of employees, firings of engineers critical of him A timeline of Elon Musk's takeover of ...
April 15 – In response, Twitter plans to implement what is known as a “poison pill” policy, which would allow existing shareholders to buy stock at discounted rates to dilute Mr Musk’s ...