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Acquisition of Twitter by Elon Musk. Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 28, 2022. Musk stated he intended to buy Twitter to build X, an "everything app" he had been developing since 2018 to mimic the Chinese app WeChat. [ 1]
Twitter announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion.Twitter shareholders will receive $54.20 per share, and when the deal is finalized ...
After weeks of drama, Elon Musk has finalized a deal to buy Twitter, the platform on which the world's richest man frequently makes flippant remarks and employs middle-school humor. Previously the ...
Musk offered to buy Twitter for $54.20 per share; Twitter responded by creating a new class of preferred stock priced at $420. Not surprisingly, buying a publicly traded company is more ...
Twitter under Elon Musk. 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. Under Musk, Twitter was rebranded to X on July 23, 2023, [ 3] and its URL changed from twitter.com to x.com on May 15, 2024.
Elon Musk in 2023. Musk's net worth from 2013 to 2023 as estimated by Forbes magazine. Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [ 1] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [ 2] He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO ...
The Elon Musk-Twitter (TWTR) saga took a turn towards resolution yesterday with news Musk would honor his deal to purchase Twitter for $44 billion. The drama for Tesla (TSLA) shareholders, however ...
Elon Musk. Elon Reeve Musk FRS ( / ˈiːlɒn /; born June 28, 1971) is a businessman and investor known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. Other involvements include ownership of X Corp., the company that operates the social media platform X (formerly known as Twitter), and his role in the ...