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Elon Musk initiated the acquisition of Twitter, Inc. on April 14, 2022, and completed it on October 28, 2022. [ 23][ 24] His goal was to transform Twitter into X, an all-encompassing app inspired by WeChat. [ 25] By April, Musk had become Twitter's largest shareholder with a 9.2 percent stake and made an unsolicited $44 billion offer on April ...
According to Twitter's year-end review, it was the third most-liked tweet of 2021. [19] After Twitter rebranded into X in July 2023, the original Tweet author changed to the new, rebranded account. [32] 11 I hope that even my worst critics remain on Twitter, because that is what free speech means [33] Elon Musk @elonmusk 3.0 April 25, 2022
v. t. e. 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]
April 18, 2023 at 9:21 AM. Tesla CEO Elon Musk's $44 billion purchase of Twitter ( TWTR) has been followed by a series of chaotic events for the social media platform, including the workforce ...
The Twitter Files are a series of releases of select internal Twitter, Inc. documents published from December 2022 through March 2023 on Twitter. CEO Elon Musk gave the documents to journalists Matt Taibbi, Bari Weiss, Lee Fang, and authors Michael Shellenberger, David Zweig and Alex Berenson shortly after he acquired Twitter on October 27, 2022.
Elon Musk entered into a deal to acquire Twitter for US$44 billion on April 25, 2022. [109] The deal formally closed on October 27, 2022, following an attempt by Musk to terminate the deal in July. Immediately following the closure of the deal, Musk ousted existing leadership at Twitter, Inc. including CEO Parag Agrawal and instated himself as ...
According to The Washington Post, prompted by the suspensions of conservative Christian satire website The Babylon Bee and Canadian psychologist Jordan Peterson, Musk proposed an acquisition of Twitter on April 14. [19] On October 27, 2022, Musk acquired Twitter for US$44 billion, following a legal battle with the company. [20]
On October 28, 2022, after much speculation, he purchased social media platform for $44 billion. According to Bloomberg, he not only overpaid for the company but lost $10 billion in the process ...