How much did Elon pay for Twitter?
According to Forbes magazine, Mr Musk is the world’s richest person, with a net worth of $273.6 billion, owing mostly to his ownership of electric vehicle producer Tesla, which he also controls. He is also the CEO of SpaceX, an aerospace company. How much did Elon pay for Twitter? Mr Musk, who made the surprise…
According to Forbes magazine, Mr Musk is the world’s richest person, with a net worth of $273.6 billion, owing mostly to his ownership of electric vehicle producer Tesla, which he also controls. He is also the CEO of SpaceX, an aerospace company.
How much did Elon pay for Twitter?
Mr Musk, who made the surprise bid less than two weeks ago, said Twitter had “tremendous potential” that he would help to realize.
He also demanded a number of adjustments, ranging from loosened content controls to the elimination of fraudulent accounts.
Mr Musk’s offer was first turned down, but the company will now put the transaction to a vote among shareholders.
Musk raised $46.5 billion for his buyout of Twitter, with two-thirds of that sum coming from his own holdings. Musk’s share includes a massive $12.5 billion margin loan backed by his Tesla Inc. equity holding (TSLA)
Elon Musk’s $44 billion (£34.5 billion) buyout offer has been accepted by Twitter’s board of directors.
