Elon Musk, Makes $43 Billion Bid, To Purchase Twitter.
Elon Musk, Makes $43 Billion Bid, To Purchase Twitter.
On April 14, Elon Musk made his "best and final" offer to purchase Twitter, a company he says has extraordinary potential that he can unlock.
.
On April 14, Elon Musk made his "best and final" offer to purchase Twitter, a company he says has extraordinary potential that he can unlock.
.
'Time' reports that Musk announced his $43 billion bid in a filing with the U.S. Securities and Exchange Commission.
.
'Time' reports that Musk announced his $43 billion bid in a filing with the U.S. Securities and Exchange Commission.
.
On April 4, Musk disclosed a 9% stake he had purchased in the social media platform.
.
Following his acquisition of that sizable stake, which made him the company's largest shareholder, Musk was offered a seat on the board.
.
Following his acquisition of that sizable stake, which made him the company's largest shareholder, Musk was offered a seat on the board.
.
The Tesla CEO is known for being outspoken on the platform and has amassed over 80 million followers.
.
The Tesla CEO is known for being outspoken on the platform and has amassed over 80 million followers.
.
The billionaire has often tweeted about changes he thinks should be made to the platform and even released polls for his followers to share their takes on the ideas.
.
The billionaire has often tweeted about changes he thinks should be made to the platform and even released polls for his followers to share their takes on the ideas.
.
'Time' reports that Musk has suggested many changes to the platform, including adding an edit button for tweets and granting automatic verification to premium users.
.
'Time' reports that Musk has suggested many changes to the platform, including adding an edit button for tweets and granting automatic verification to premium users.
.
Musk has also floated the idea of turning Twitter's San Francisco headquarters into a homeless shelter.
Musk has also floated the idea of turning Twitter's San Francisco headquarters into a homeless shelter.
According to 'Bloomberg' Billionaire's Index, Musk has an estimated net worth of about $260 billion.
According to 'Bloomberg' Billionaire's Index, Musk has an estimated net worth of about $260 billion.
By comparison, Twitter's market value is estimated at about $37 billion.
