Elon Musk is rumored to have bought Twitter for 44 44 billion, to be company private

Elon Musk is rumored to have bought Twitter for 44 44 billion, to be company private

It’s a lot to see Elon Musk Twitter’s new official owner!

Earlier today (April 25) such news was published Elon Musk Twitter was close to a deal to buy. The news comes just 11 days after the 50-year-old business mogul shocked the industry by offering to buy the company in a deal worth more than $ 41 billion. Last week, Elon Musk He revealed that he had funded $ 46.5 billion for the acquisition of the company. A source familiar with the deal said Twitter’s board met on Sunday (April 24) to evaluate Musk Offer to buy all shares of the company which he does not currently own for $ 54.20 per piece.

Now it seems that everything is fine Musk Favor! According to the latest report, Twitter Inc. Announced that it had entered into a specific agreement under which it would be acquired,

“By an entity wholly owned by Elon Musk.”

With reported cash deals over $ 50 per share, the total amount for social media platforms comes to about $ 44 billion. Once the transaction is complete, Twitter announced Monday afternoon that the company will go private.

Elon Musk On Monday (April 25) he apparently hinted at a possible deal when he tweeted,

“I hope that even my worst critics will be on Twitter, because that is what independent speech means.”

On Thursday (April 21), he also revealed what he would like to do if he successfully owns Twitter.

“If our Twitter bid is successful, we will beat the spam bot or die trying!”

The new agreement puts the world’s richest man in charge of one of the most influential social media platforms. Entrepreneur and businessman Mughal Elon Musk Its CEO and Product Architect Tesla. He is also the CEO and chief engineer of his space exploration business, SpaceX. As of this year, Musk Total assets valued at $ 264.6 billion.

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