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Kevin D. Williamson of American conservative magazine National Review likened Musk's purchase of Twitter to the Donald Trump 2016 presidential campaign, labeling it a publicity stunt, [324] his colleague Rich Lowry said that liberal politicians' strong reaction to Musk's purchase was an indication that Twitter's existing policies had "political ...
Elon Musk and Grimes at the 2018 Met Gala. A new book called "Character Limit" describes their tumultuous relationship and details Musk's chaotic purchase of Twitter.
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 being ...
Twitter announced on Monday that it has entered into a deal to be acquired by Tesla CEO Elon Musk for $44 billion.Twitter shareholders will receive $54.20 per share, and when the deal is finalized ...
Elon Musk initiated the acquisition of Twitter, Inc. on April 14, 2022, and completed it on October 28, 2022. [25][26] His goal was to transform Twitter into X, an all-encompassing app inspired by WeChat. [27] By April, Musk had become Twitter's largest shareholder with a 9.2 percent stake and made an unsolicited $44 billion offer on April 14 ...
Business magnate Elon Musk purchased the social media company Twitter for $44 billion on October 27, 2022, following a lengthy process that began when Musk made the initial purchase offer on April 14, 2022, then later rescinded the deal after it was accepted.
Elon Musk’s purchase of Twitter could go down as the worst leveraged buyout (LBO) deal for banks since the 2008 global financial crisis in the latest worrying sign the deal is proving costly to ...
On October 4, Musk announced his intention to purchase the company as he had agreed, for $44 billion, or $54.20 a share; [16] the agreement closed on October 27. Following Musk's takeover, Twitter was criticized for an increase in hate speech, [17] as well as for perceived systemic prioritization of right-wing content.