Who Owns Twitter ? | What was musks original offer for Twitter? | Elon Musk Twitter | Vault Of Vox

Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and launched in July of that year. By 2012, more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion search queries per day. The company went public in November 2013. By the start of 2019, Twitter had more than 330 million monthly active users.

So when did Musk enter the picture?

Business magnate Elon Musk revealed that he had bought 9.1% of Twitter for $2.64 billion on April 4, 2022. In response, Twitter's stock rose by as much as 27% and Twitter shares experienced the largest intraday surge since Twitter's IPO in 2013. Musk was offered a seat on Twitter's board of directors as part of a deal that prohibited him from acquiring more than 14.9% of the company, but Musk decided not to join the board before his appointment became effective on April 9.

In a TED interview, Musk showed interest in fighting internet censorship around the world, saying that "Twitter should match the laws of the country". Musk's concern about free speech has been directed almost entirely at Twitter's moderation policies.

In 2017, Musk casually tweeted "I love Twitter". And then a user asked him to buy the microblogging platform, to which Musk replied – “How much is it?” Guess he has the answer to his question now! The tweet went viral after the recent takeover of Twitter by the CEO OF Tesla.

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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
Introduction 01:09
By 2012, more than 100 million users posted 340 million tweets a day 01:39
In 2017 musk causally tweeted I loved Twitter 02:40
When was the big offer made? 03:00
Musk made a deal to acquire for $44 billion 03:20
On April 20 Musk secured $46.5 billion as a tender offer to buy Twitter 03:40
On April 25th that was reported twitter accepted the Elon musk deal 04:45
Twitter is Owned by Elon musk for $54.20 per share in cash approximately $44 billion 05:01
This purchase price represents a 38% premium to twitter's stock price 05:30
Musk and Twitter agreed to so-called reverse termination fee of $1 billion 05:51
A market dip, like the current sell-off that has caused Twitter to lose more than $9 billion 06:20
What is on Musk's list next? 07:11


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Written and Voice-over - ADITI SRIVASTAVA
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Edited by- Kranthi Kumar
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