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Elon Musk Bought Twitter For $43B And Renamed It!
Elon Musk Bought Twitter For $43B & Renamed It!
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#ElonMusk is on the verge of becoming the messiah of the world. He started by leading the tech industry, spacecraft, and cars. Then he went for crypto and blockchain, making the market skyrocket. He also notably aided Ukraine in the war. After all these, he’s now willing to be the owner of one of the biggest social media platforms — Twitter. Sounds like a one-man-army! But it impacts the circumstances a lot. Today, we are going to talk about what Elon Musk just did with twitter that changed everything! Elon Musk purchased a 9.2 percent stake in Twitter earlier this month, and the news quickly spread throughout the internet. Things moved quickly, and the tech millionaire was offered a seat on the Twitter board of directors, which he respectfully rejected.
However, as few predicted, the world's richest man has now made a bid to purchase #Twitter whole stock for $43 billion. There are more questions than answers in the offer. If the Twitter takeover fails, the tech titan has previously stated that he has a backup plan. A cursory glance at Musk's filing with the US Securities and Exchange Commission reveals that the tech guru said unequivocally that his $43 billion prices are the best and last offer. This equates to about $54.20 per share on a total basis. Musk feels the price is higher, and that the shareholders will be pleased.
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