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v. t. e. 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 had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.
Elon Reeve Musk (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman and investor.He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp.; founder of The Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation.
SAN FRANCISCO (Reuters) -A federal court ordered on Tuesday that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter.
May 30, 2024 at 10:43 AM. (Reuters) - Elon Musk has settled his latest legal fight with the U.S. Securities and Exchange Commission by agreeing to testify for the regulator's probe into his 2022 ...
v. t. e. Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino. [1] Twitter was then rebranded to X in July 2023. Initially during Musk's tenure, Twitter introduced a series of reforms and management changes; the company reinstated a number of ...
Loaded 0%. 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 slashed by 80% ...
X Corp. is an American technology company established by Elon Musk in 2023 as the successor to Twitter, Inc. It is a wholly owned subsidiary of X Holdings Corp., which is itself owned by Musk. The company owns the social networking service X, a successor to Twitter, and has announced plans to use it as a base for other offerings.