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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.
On July 23, 2023, Musk announced X's launch, which would replace Twitter, which started when the X.com domain (formerly associated with PayPal) began redirecting to Twitter; [3] the logo was changed from the bird to the X the next day, [37] and the platform's official main and associated accounts also began using the letter X within their handles. [38]
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 ...
Since Musk closed his $44 billion deal to buy Twitter on October 27 of last year, he has not only rebranded the company as “X” but fundamentally changed what was once one of the world’s most ...
Purchasing the app wasn’t in the picture until 2017 when a user asked Musk to buy Twitter, ... account displayed on a laptop screen and Elon Musk Twitter account displayed on a phone screen are ...
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Elon Musk's Twitter buyout deal is expected to close around September to October and will take the company private. However, MIT Initiative on the Digital Economy (IDE) Director Sinan Aral thinks ...
The Elon Musk deal is back on again. Twitter says it intends to sell the company to the Tesla CEO. Elon Musk may be finally buying Twitter: Twitter says it intends to sell for $54.20 a share