Musk's purchase comes roughly a week after the billionaire criticized Twitter for a lack of commitment to free speech. TESLA TO HOST 15,000-PERSON GRAND OPENING NEXT MONTH AT NEW GIGAFACTORY IN AUSTIN, TEXAS "Given that Twitter serves as the de facto public town square, failing...
In April 2022, Musk offered to purchase Twitter outright in exchange for $44 billion in cash. That worked out to $54.20 per share, a significant premium over the stock’s price at the time. In other words, existing investors would receive a 38% higher cash payout if Musk’s offer went...
If Musk were to get his way of absolute free speech he would not be able to act in a fiduciary capacity as a board member, hence the reversal and now attempted takeover. Despite the initial increase in the stock price, Musk creates substantially more risk than reward as a significant stak...
Twitter is preparing for a court battle over the ditched Elon Musk purchase deal. Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant. ...
board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the companyannouncedMonday. The stock closed up 5.64% for the day after it was halted for the news. “Free speech is the bedrock of a functioning democracy, and Twitter is the digit...
Musk and Twitter seal the deal. Musk walks into Twitter's offices while carrying a sink. The purchase is completed the next day, giving Musk sole ownership. Musk changes his Twitter bio to "Chief Twit". October 31, 2022 After firing most of Twitter's executive team, Musk dissolves the en...
After Musk's 9.2% stake in the company, he created aTwitter pollasking whether the company should add an edit button, a long-demanded feature. The cheeky "yse" option won with 73.6% of votes. CLICK HERE TO READ MORE ON FOX BUSINESS ...
We have to assume that Twitter is worth more than the price of its stock to Musk and that the platform is valuable to him in terms of defending free speech and giving him power in the conversations that matter in culture. Twitter has long battled with the challenge of balancing people’s...
After climbing more than 27% Monday on the news of Musk's stock purchase, Twitter shares gained another 6% in pre-market trading Tuesday morning. 周一,马斯克收购股票的消息使推特股价上涨了27%以上。周二上午,推特股价在盘前交易中又上涨了6%。 重点词汇 board of director 董事会 mull /mʌl/ vi...
'Bad timing': Elon Musk's company can no longer fund its vital service to Ukraine (2022) 03:33 New York CNN Business — Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest shareholder in the company. News of the purchase sent ...