After several days of uproar, Twitter was finally owned by the world’s richest man, Elon Musk. It is reported that Twitter Inc. has sold it to billionaire Elon Musk for $ 44 billion or Rs 3,368 billion. The company board has approved in this regard. Accordingly, Musk will have to pay $ 54.20 (Rs 4148) for every share of Twitter. Twitter’s independent board chairman Brett Taylor gave information about the deal with Musk in a press release afternoon on Monday.
The deal has given the Tesla CEO ownership of the company with 217 million users. Twitter plays an influential role in shaping the political and media agenda on both sides of the Atlantic. Twitter’s initial reluctance to acknowledge the transaction faded when Musk confirmed a funding package for the deal and was warmly received by shareholders.
Wants to make Twitter better than ever: Musk
Elon Musk said in a statement announcing the deal, “Freedom of speech is the cornerstone of a functioning democracy, and Twitter is the digital town square where matters important to the future of humanity are debated.” I want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating spambots, and authenticating all humans.” “Twitter has tremendous potential. I look forward to working with the company and its community of users,” he added.
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022
Twitter CEO Parag Agarwal said in a statement, “Twitter has a purpose and relevance that impacts the entire world. I am extremely proud of our teams and inspired by the work they do, to whom nothing is more important.” is.”
Tesla CEO Musk tweeted on Monday, “Hopefully, if he takes over the platform,” Tesla CEO Musk tweeted Monday during an ongoing conversation between the Twitter board and Elon Musk following the proposal to buy social media giant Twitter. Biggest Critics” will also remain on Twitter.
In advocating for free speech, Musk wrote, “I hope my biggest critics stay on Twitter because that’s what free speech means.” He currently has more than 83 million followers on Twitter.
I hope that even my worst critics remain on Twitter, because that is what free speech means
— Elon Musk (@elonmusk) April 25, 2022
Musk had earlier offered $ 43 billion.
Microblogging platform Twitter has now gone into the hands of the world’s richest man Elon Musk. According to the report, Twitter Inc. was considering a proposed deal to buy TWTR.N Elon Musk for $54.20 per share in cash. Musk had earlier offered to buy Twitter for $ 43 billion, i.e., about 3273.44 billion rupees. Musk said it was his “best and last” offer. But Musk added a billion dollars to it on Monday, and Twitter Inc handed it over to Elon Musk for $44 billion.
According to media reports, it was being said that Musk was in talks with Twitter’s board to buy Twitter for $ 54.20 per share between Sunday and early Monday. On Monday, Twitter’s shares closed at $51.60, up 5.5 percent. But that was still below Musk’s offer price.
Musk’s five-year-old tweet went viral. Amidst the news of Musk’s ownership of Twitter Inc., Musk’s five-year-old tweet is going viral. When he said – I love Twitter and then asked about the platform’s price.
