Elon Musk, the world's richest man, CEO of both SpaceX and Tesla Inc now also owns Twitter – a social media giant:
Elon Musk, the world’s richest man, has officially taken over Twitter after finalising a $44 billion deal to buy the social media giant earlier this week.
The takeover follows a long and drawn-out legal back-and-forth between the two parties. Musk attempted to walk away from his initial offer under the notion that he had been misled regarding the number of ‘spam’ accounts present on the platform.However, at the start of the month Musk agreed to proceed on his originally proposed terms, and a court-imposed deadline was set for Friday 28 October.
The deadline was met. Now the CEO of both SpaceX and Tesla Inc also owns Twitter which he has promised to change dramatically, according toIn an early celebration of his new purchase, Musk changed his Twitter profile bio to “Chief Twit” and changed his location to “Twitter HQ” ahead of the deal’s closure.
Musk also shared a video of his entrance at the network’s San Francisco office on Wednesday with the caption “Entering Twitter HQ – let that sink in!”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk at Twitter: Musk tells Twitter employees he doesn’t plan to cut 75% of jobsElon Musk told Twitter Inc. employees on Wednesday that he doesn’t plan to cut 75% of the staff when he takes over the company, according to people familiar with the matter.
Read more »
Musk buys Twitter: Musk closes $44bn Twitter deal, ending monthslong sagaElon Musk completed his $44-billion acquisition of Twitter Inc., according to people familiar with the matter, putting the world’s richest man in charge of the struggling social network after six months of public and legal wrangling over the deal.
Read more »
Elon Musk and Donald Trump are trying new ways to dodge jet-tracking Twitter accounts | BusinessinsiderMark Zuckerberg, Elon Musk, Kylie Jenner, and Donald Trump are all subjects of jet-tracking Twitter accounts that expose their flying habits to the world.
Read more »
'The bird is freed': Elon Musk now owns TwitterElon Musk became Twitter's owner on Thursday, in the process firing top executives, including CEO Parag Agrawal.
Read more »
Elon Musk takes control of Twitter, fires executivesElon Musk takes control of Twitter, fires executives - The takeover came hours before the court-appointed deadline for Musk to seal his on-again, off-again deal to purchase the social media network
Read more »