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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.
A lot has happened since Elon Musk completed his acquisition of Twitter last month — layoffs of thousands of employees, firings of engineers critical of him and an impersonation of an...
Tesla CEO Elon Musk completed the deal to acquire Twitter at his original offer price of $54.20 a share at a total cost of roughly $44 billion.
Elon Musk officially owns Twitter. Elon Musk closed on his $44 billion acquisition of the bird app on October 27, 2022.
Elon Musk will have to pay Twitter a $1 billion termination fee if he doesn’t go through with his $44 billion acquisition of the social network, announced on Monday, per a new SEC filing....
Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform that he bought for $44 billion.
Twitter Purchased by Elon Musk: A Timeline of How It Happened. The Tesla CEO acquired Twitter after a monthslong legal fight. Here are some of the key moments.
SAN FRANCISCO, April 25, 2022 /PRNewswire/ — Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion.
Twitter is now officially owned by Tesla and SpaceX CEO Elon Musk after his $44 billion was completed. Musk first offered to buy Twitter back in April 2022 and, since then, it’s been a bumpy...
A judge has ordered Elon Musk to testify as part of the Securities and Exchange Commission’s investigation into his $44 billion purchase of Twitter, now called X, in 2022.