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Twitter, Inc. was an American social media company based in San Francisco, ... 2024, X was worth less than 80% of what it was acquired for, and its value in 2025 was ...
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.
What Twitter Is Worth. Share Price, 52-Week Range . $31.30-$69.81. 2021 Revenue. $5.077 billion. 2021 Profit-$221.410 million. GOBankingRates’ Evaluation of Twitter’s Net Worth
Twitter (NYSE: TWTR) appears to be making a slow turnaround this year. It recently reported its quarterly performance that outpaced market expectation
Whether those deals really make Twitter profitable is open to debate. But even if it were to be in the black this year, do the deals make Twitter worth $1 billion?
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.
Jack Patrick Dorsey (born November 19, 1976) [3] is an American businessperson, who is a co-founder and former CEO of Twitter, Inc. from 2015 to 2021, as well as co-founder, principal executive officer and chairman of Block, Inc. (developer of the Square financial services platform).
When reports of Twitter's profitability came out, it seemed like a great underdog story. Social media critics have long blasted the microblogging platform for its lack of a revenue model.