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 ra
Elon Musk announced xAI has acquired X, the company formerly known as Twitter, for $33 billion in an all-stock deal.
Musk’s use of Twitter has occasionally gotten the CEO into hot water. In 2018 he infamously tweeted that he had secured the funds to take Tesla privateif it reached $420 a share. Eventually it emerged that he had not secured funding for the sale, and Musk was forced by the Securities ...
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...
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 ...
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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...
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. ...
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 ...
While Elon Musk bought up Twitter shares Monday, Jeff Bezos rocked a pair of fitted jeans to make a donation at the Maui Food Bank. He was joined by girlfriend Lauren Sanchez and Hollywood producer Shep Gordon.