Yesterday, Twitter announced the approval of Tesla CEO Elon Musk's bid to buy the company for $44 billion, and Bloomberg was the first to report early Monday that a deal was imminent between the two parties.
Two weeks ago, Elon Musk offered to buy Twitter for $54.20 per share, and after weeks of speculation and various reports, Twitter and Musk agreed, today it is settled on a $44 billion deal. Earlier reports indicated that Twitter's board was concerned that Musk's offer would reduce the company's value by the time the company reports its second-quarter earnings later this week.
Prior to his offer to buy the platform, Elon Musk bought 9.2% of the company after heavy criticism leveled at Twitter. After buying his stake, Musk was ready to join the company's board of directors to try to make changes he said would boost "freedom of speech", but Twitter CEO Parag Agrawal unexpectedly announced that Musk would not join the board.
In a statement, Musk said he wants to make Twitter "better than ever" with new features that will defeat spam bots and authenticate all humans. Elon Musk said:
“Freedom of expression is the bedrock of a functioning democracy, and Twitter is the digital city arena where matters vital to the future of humanity are discussed,” “I also want to make Twitter better than ever by improving it with new features, making open source algorithms to increase trust, and defeating mail bots.” Random, all people validating, Twitter has a lot of potential, and I look forward to working with the company and the community of users to make it possible.”
When Elon Musk's acquisition of Twitter is completed, it will become a private company, and the entire transaction is expected to close this year, subject to approval by Twitter shareholders, receipt of applicable regulatory approvals, and other usual closing conditions being met.
Source:
44,000,000,000, may God not bless him, God willing, what is this Facebook company, which is a complete company, they bought the WhatsApp application 19,000,000,000, which is a global application and a large user than Twitter, what is this stupidity
Confused by his wealth, your look
Let him wait and see the first thing he gets sick with a serious illness. Billions of greed will benefit him, the scourge of the times.. “And nothing fills the eye of the son of Adam except dust.”
Where are the rich Arabs?
Ha-ha-ha-ha-ha-ha-ha-ha-made me laugh-😂
Twitter will become to Musk what Instagram is to Zuckerberg, the owner of Facebook. All the verbal hype of Elon Musk is propaganda to convince us that he is buying Twitter for the benefit of humanity, while the reality is that he is buying it as a commercial project to increase his wealth, and in this way he will use Twitter to convey his ideas and directions to the public, in addition to using it as an advertising platform for him and his business, and I believe that there will be a decline and deviation from the goals of Twitter in the medium and long term.
Talk to you right, my dear brother. He will be a media platform under his hands and he will use it as a weapon in everything as he used to play in the cryptocurrency markets. After all this amount of money he has, what does he want from this world? And the fame of what he eats and does not wear, but me and others, tomorrow, if he has cancer, you will be joking, let it be, and he will not open it XNUMX billion.