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.

Nov 17, 2022 · 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...

Elon Musk initiated the acquisition of Twitter, Inc. on April 14, 2022, and completed it on October 28, 2022. [22] [23] His goal was to transform Twitter into X, an all-encompassing app inspired by WeChat. [24]By April, Musk had become Twitter's largest shareholder with a 9.2 percent stake and made an unsolicited $44 billion offer on April 14, which Twitter's board initially resisted …

Oct 28, 2022 · Elon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer came just two weeks before Twitter’s lawsuit seeking to force Musk to go through with the deal was scheduled for trial in Delaware Chancery Court.

Oct 28, 2022 · 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.

Nov 11, 2022 · 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.

Dec 1, 2022 · In a dramatic unfolding, Elon Musk has completed a $44 billion acquisition of Twitter, taking the company from public to private. Musk closed the merger on the evening of October 27, 2022, introducing a new era where the ultra-wealthy can purchase entire companies in which they become interested.

Oct 28, 2022 · Less than 10 fateful days later, the Tesla and SpaceX CEO declared his intent to buy Twitter for $44 billion. Twitter accepted, but Musk soon got cold feet and pulled out all the stops to get...

4 days ago · When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround.. Now the world’s richest man has brought the same slash-and-burn strategy to the federal government, and some people who experienced Musk’s takeover at Twitter have a …

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.