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The company raised US$200 million in new venture capital in December 2010, at a valuation of approximately US$3.7 billion. [187] In August 2010 Twitter announced a "significant" investment led by Digital Sky Technologies that, at US$800 million, was reported to be the largest venture round in history. [188]
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.
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
I've been skeptical about Twitter (NYSE:TWTR) stock for some time now. Admittedly, even though TWTR stock has been range-bound since late July, I've been too skeptical towards it, as Twitter stock ...
On Monday, Twitter accepted Elon Musk's $44 billion offer to buy the company. In the days since, the purchase has become a political battleground.
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X Logo used since 2023 [a] X homepage visited while logged out in January 2025 Formerly Twitter (2006–2023) Type of site Social networking service Available in Multilingual Founded March 21, 2006 ; 18 years ago (2006-03-21), in San Francisco, California, U.S. Headquarters Bastrop, Texas, United States Area served Worldwide, except blocking countries Owner Odeo (March–October 2006) Obvious ...
Carina Johansen/NTB/AFP via Getty ImagesSignaling a possible end to a tortuous saga, Elon Musk agreed on Monday to buy Twitter at a price of $54.20 per share—the same deal he made last spring ...