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Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. special government employee, best known for his key roles in Tesla, Inc., SpaceX, the Department of Government Efficiency (DOGE), and his ownership of Twitter. Musk is the wealthiest individual in the world; as of February 2025, Forbes estimates his net ...
The deal was closed on October 28, with Musk immediately becoming Twitter's new owner and CEO. Twitter was taken private and merged into a new parent company named X Corp. Musk promptly fired several top executives, including previous CEO Parag Agrawal. Musk has since proposed several reforms to Twitter and laid off half of the company's ...
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'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 ...
MORE: A timeline of Elon Musk's tumultuous Twitter acquisition "Because Musk failed to timely disclose his beneficial ownership, he was able to make these purchases from the unsuspecting public at ...
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 ...
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.
April 11 – Mr Musk reverses his decision and Twitter confirms the billionaire will not be joining the board. April 14 – Mr Musk submits an offer to buy the company outright and take it private.