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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]
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'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]
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.
This video grab taken from a video posted on the Twitter account of billionaire Tesla chief Elon Musk on October 26, 2022 shows himself carrying a sink as he enters the Twitter headquarters in San ...
May 17, 2024 at 8:37 AM. Elon Musk is retiring the last vestige of Twitter — the twitter.com web address — as the social network has fully moved over to the x.com domain name. “All core ...
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 The ...
Today, Musk ranks as the richest person in the world, according to Bloomberg, largely thanks to his roughly 13 percent stake in Tesla, which was worth about $74 billion as of February 2024. But ...