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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 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.
Elon Musk's $44 billion purchase of Twitter has been followed by a series of chaotic events for the social media platform. ... As he continued to buy Twitter shares, Musk became the largest ...
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
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 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 ...
The purchase price represents a 38% premium over Twitter’s closing stock price on April 1, 2022, which was the last trading day before Musk disclosed his approximately 9% stake in Twitter ...
On December 15, 2022, Twitter suspended the accounts of ten journalists who have covered the company and its owner, Elon Musk.They included reporters Keith Olbermann, Steven L. Herman, and Donie O'Sullivan, as well as journalists from The New York Times, The Washington Post, CNN, and The Intercept.