Elon Musk is buying a 9.2% stake in Twitter worth $2.9 billion. The Tesla CEO purchased 73.5 million shares, according to a regulatoryfilingMonday.Elon Musk offers to buy Twitter for $43 billionMusk has been raising questions about the ability to communicate freely on Twitter, tweeting last mo...
CNBCnotesthat Musk’s Twitter stocks were worth $2.89 billion based on Friday’s closing price. Musk’s shares are classified as a passive stake, but Wedbush analyst Dan Ives told CNBC that the purchase “could lead to some sort of buyout.” Musk had been publicly calling into question Twi...
Elon Musk announced xAI has acquired X, the company formerly known as Twitter, for $33 billion in an all-stock deal.
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Elon Musk is buying Twitter. The CEO of Tesla, SpaceX, Neuralink, and the Boring Company will add another corporate feather to his bejeweled cap, after the social media platform announced Monday, April 25, that it intends to accept the self-described Technoking's approximately $44 billion ...
All in all, Musk would already benefit from joining Twitter, as the share price rose about a quarter after his pledge was announced. At the end of last week, Musk’s stake in Twitter was worth about $2.89 billion. The Tesla boss is currently the richest person in the world and has rep...
Say what you will about Elon Musk's tenure as the head of Twitter — and there is a lot to say— but it has been, at the very least, eventful. So eventful, in fact, that's it's been tough to keep track of all that's happened. ...
Tesla CEO Elon Musk, who has expressed concern over protecting freedom of speech in the "de facto public town square" of Twitter, disclosed Monday a large stake in the social media company, sending shares soaring. Musk, who has more than 80 million followers on the microblogging platform, bec...
The $45 billion deal values xAI at $80 billion and X at $33 billion, more than $10 billion less than what he paid for the platform formerly known as Twitter in 2022. The all-stock transaction included $12 billion debt, Musk said. The tech billionaire said he hopes the approach will ...
Wednesday was also Dorsey's last day as a member of Twitter's board, a date established when he resigned as CEO last November. The nuts and bolts of the financing package weren't as significant to investors as the news that Musk apparently still plans to complete his Twitter buyout. ...