Elon Musk buys Twitter
Elon Musk, who bought a 9.2 percent stake in Twitter on the stock exchange, had made an offer of $54.2 per share for the entire Twitter in a notice to the U.S. Securities and Exchange Commission (SEC) on April 14.
Negotiations on the sale of Twitter to Elon Musk were completed today. The company announced today Twitter’s board of directors had accepted billionaire Elon Musk’s offer to buy the social media company,
THE FIRST SHARE FROM MUSK
Elon Musk used a heart and rocket emoji in his first Twitter post after the news of the acquisition was announced, writing, “Yes!!!”.
Musk shared following in the image, which also included a text as a photo: “Freedom of expression is the cornerstone of a functioning democracy, and Twitter is a digital city square where issues vital to the future of humanity are discussed.”
“I WANT TO IMPROVE TWITTER WITH NEW FEATURES”
The statement also said: “I also want to make Twitter better than ever by improving the product with new features, open sourcing algorithms to increase trust, defeating spam bots, and authenticating all people. Twitter has tremendous potential – I am looking forward to working with the company.”
