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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.
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.
Elon Musk's $44 billion purchase of Twitter has been followed by a series of ... love-hate business stories of the year: ... until 2017 when a user asked Musk to buy Twitter, ...
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, [ 133 ] [ 134 ] Twitter was rebranded to X on July 23, 2023, [ 135 ] and its domain name changed from twitter.com to ...
April 11 – Mr Musk reverses his decision and Twitter confirms the billionaire will not be joining the board. April 14 – Mr Musk submits an offer to buy the company outright and take it private.
Elon Musk's bid to buy Twitter and take the company private succeeded Monday, 11 days after the world's wealthiest man first announced that he'd like to buy the social media company.
Elon Musk completed the acquisition of Twitter. [201] 2022 November 1-9 Product Announcement of new version of Twitter Blue with verification system, costing $7.99 per month. [202] Launched 8 days later. [203] 2022 November 8 Product Addition of "Official" label for government, company, and public figure accounts [204] 2022 November 18-19
After months of legal wrangling and public acrimony, the on-again, off-again $44 billion deal closed Thursday, handing control of Twitter to Elon Musk