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Acquisition of Twitter by Elon Musk. 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]
February 11, 2024 at 10:21 AM. By Jody Godoy. (Reuters) -A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission's probe of his $44 billion takeover of ...
Elon Musk's Twitter acquisition ended up being the worst financing deal for banks since 2008, the WSJ said. The $13 billion in loans Musk took out have been stuck on banks' balance sheets.
The judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant ...
Elon Musk's letter to terminate the purchase of Twitter on July 8, 2022, was addressed to Gadde, as Twitter’s Chief Legal Officer. [24] [25] She was fired for cause after completion of the acquisition of Twitter by Elon Musk on October 27, 2022, [6] [26] alongside at least three other Twitter executives, including the CEO. [7]
e. Elon Reeve Musk FRS ( / ˈiːlɒn /; born June 28, 1971) is a businessman and investor known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. Other involvements include ownership of X Corp., the company that operates the social media platform X (formerly known as Twitter), and his role in the founding of ...
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 ...
Journalists. Perpetrator. Elon Musk. Organised by. Elon Musk and Twitter. Outcome. ElonJet and 10 journalists suspended including Steven L. Herman, Donie O'Sullivan, Linette Lopez and Keith Olbermann. On December 15, 2022, Twitter suspended the accounts of ten journalists who have covered the company and its owner, Elon Musk.