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Home Technology

Done, Elon Musk buys Twitter for $44 billion

by Hashem Ali
July 3, 2023
in Technology
2 min read
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Elon Musk declared this to be his “best and last” proposal. Twitter said it is looking into the proposal. It took the Bluebird Board of Directors only a few hours to make a decision. So this Monday, April 25, 2022, Twitter will officially become the property of Elon Musk, creator of PayPal, Tesla, and SpaceX (among others). The deal will be completed within a year. If the rumors mention possible last minute rejection, $54.20 per share offer finally accepted board. Thus, the richest man in the world acquires Twitter thanks to his personal wealth and the support of financial partners. Not included in the deal son Tesla company.

Elon Musk and Twitter: a love story

The takeover of Twitter by Elon Musk was only a matter of time. The troublemaker stepped into the company for the first time by purchasing 10%. Then, after many twists and turns, Elon Musk finally announced that he had made a buyout offer of up to $44 billion…on Twitter. Elon Musk and Twitter is a true love story. The entrepreneur is known for his escapades, rants, and genius moves. First of all, he has a very different vision for Twitter. For him, the network social à l’oiseau bleu should be a platform where freedom of expression should not be limited. He already has many ideas for network development. The first is the famous (and long-awaited) option edit tweet. Musk, grand Cryptocurrency enthusiast, would also like to integrate Dogecoin as a Twitter payment solution. Among other changes already mentioned by Elon Musk, on will quote son desire to actively fight trolls (not knowing comment) or upgrade to Twitter Blue for a lower price and no ads. In any case, Elon Musk seems to want to change Twitter so that son painting. Several times I got into sticky situations. cause clear tweets. Most memorable, of course, will be his maneuver to sell some of his Tesla shares. He then asked users if he should resell some of his shares… and agreed after vote massive favorable.

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