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X/Twitter’s Valuation Decline. Elon Musk paid $54.20 per share for Twitter when he completed his acquisition on Oct. 28, 2022. The total purchase price was approximately $44 billion.
This list contains the top 50 accounts with the most followers on the social media platform X, formerly and commonly known as Twitter.Notable figures such as Elon Musk, Barack Obama, Cristiano Ronaldo, Justin Bieber, Rihanna, Narendra Modi, Katy Perry, and Donald Trump are at the top of the list, each with over 100 million followers.
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.
X (formerly Twitter) owner Elon Musk has garnered 40,000 paying subscribers on X. Exclusive: Elon Musk has just 40,000 paying subscribers on X, a fraction of his 155 million followers Skip to main ...
After purchasing Twitter, now named X, Elon Musk made a change to the blue checkmark verification system. The checkmark became a part of the X Premium subscription, with users able to pay $8 a ...
The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in ...
As much as 92% of Twitter's revenue comes from advertising sales: In its most recent quarter, Twitter generated $1.08 billion in ads out of a total of $1.18 billion in revenues.
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.