Twitter Announces $44 Billion Purchase Deal with Elon Musk

Nov 20, 2023:

https://thehill.com/policy/technology/4320053-elon-musks-x-files-lawsuit-against-media-matters

Oct 23, 2023:

https://thehill.com/policy/technology/4270360-elon-musk-offers-1m-to-wikipedia-if-theyll-change-their-name

Sep 8, 2023:

https://thehill.com/homenews/state-watch/4195131-musks-x-sues-california-over-content-moderation-law-claiming-it-violates-free-speech

Sep 5, 2023:

https://thehill.com/policy/technology/4187163-musk-accuses-adl-of-trying-to-kill-x-threatens-lawsuit

Jul 25, 2023:

https://thehill.com/policy/technology/4118017-musk-explains-twitter-rebranding

May 12, 2023:

https://www.politico.com/news/2023/05/12/twitter-new-ceo-elon-musk-00096677
https://thehill.com/policy/technology/4002263-what-to-know-about-linda-yaccarino-musks-replacement-as-twitter-ceo

Dec 21, 2022:

https://thehill.com/policy/technology/3782994-musk-says-he-will-resign-as-twitter-ceo-once-he-finds-replacement

Dec 17, 2022:

https://thehill.com/policy/technology/3778956-musk-lifts-suspensions-of-journalists-twitter-accounts-after-poll

Dec 12, 2022:

https://thehill.com/policy/technology/3771492-musk-fires-back-after-criticism-of-gender-pronouns-tweet-about-fauci
https://thehill.com/policy/technology/3771542-musk-says-twitter-character-account-will-increase-to-4000

Dec 11, 2022:

https://thehill.com/policy/healthcare/3771048-musk-calls-to-prosecute-fauci-drawing-swift-backlash
https://thehill.com/policy/technology/3770657-twitter-relaunching-revamped-subscription-service-prices-higher-for-apple-users

Dec 2, 2022:

https://thehill.com/blogs/in-the-know/3759339-elon-musk-suspends-ye-from-twitter-following-swastika-tweet

Nov 29, 2022:

https://apnews.com/article/twitter-ends-covid-misinformation-policy-cc232c9ce0f193c505bbc63bf57ecad6

Nov 21, 2022:

https://thehill.com/policy/technology/3745243-twitter-reinstates-marjorie-taylor-greenes-personal-account
https://thehill.com/homenews/3744930-elon-musk-says-he-wont-allow-alex-jones-on-twitter

Nov 19, 2022:

https://thehill.com/policy/technology/3743364-elon-musk-to-reinstate-trumps-twitter-account

Nov 18, 2022:

https://thehill.com/homenews/1230-report/3741920-the-hills-1230-report-twitter-users-panic-amid-new-resignations-how-to-download-twitter-archive-will-twitter-crash
https://thehill.com/policy/technology/3742157-musk-says-hate-tweets-will-be-deboosted-demonetized

Nov 5, 2022:

https://thehill.com/policy/technology/3721166-musk-defends-twitter-layoffs-says-company-losing-over-4m-per-day
https://thehill.com/policy/technology/3721532-twitter-launches-8-per-month-subscription-service-including-verification

Nov 4, 2022:

https://thehill.com/policy/technology/3719776-civil-rights-groups-slam-musks-mass-twitter-layoffs-urge-companies-to-pause-ads
https://thehill.com/policy/technology/3719708-former-staff-sue-twitter-as-elon-musk-begins-mass-layoffs
https://www.foxbusiness.com/technology/twitter-employees-file-lawsuit-claiming-mass-layoffs-violate-federal-law-requiring-notice
https://abcnews.go.com/Business/twitter-sends-email-employees-announcing-layoffs-friday/story?id=92635005

Nov 1, 2022:

https://thehill.com/policy/technology/3714385-musk-to-raise-twitter-blue-to-8-per-month-current-checkmark-system-bull

Oct 31, 2022:

https://thehill.com/policy/technology/3712742-elon-musk-named-sole-director-of-twitter-dissolves-board
https://thehill.com/policy/technology/3712580-twitter-to-start-charging-20-per-month-for-verified-users-report

Oct 29, 2022:

https://thehill.com/policy/technology/3709902-musk-moves-quickly-to-remodel-twitter

Oct 28, 2022:

https://thehill.com/policy/technology/3709609-racist-antisemitic-tweets-quickly-spread-after-musk-twitter-takeover
https://thehill.com/blogs/blog-briefing-room/news/campaigns/3709611-five-takeaways-on-musks-twitter-takeover

Oct 6, 2022:

https://thehill.com/policy/technology/3676724-judge-grants-musk-request-to-stay-trial-despite-twitters-objection

Oct 4, 2022:

https://thehill.com/policy/technology/3673893-elon-musk-agrees-to-44b-acquisition-of-twitter-in-hopes-of-averting-trial

Sep 14, 2022:

https://thehill.com/policy/technology/3640938-twitter-shareholders-approve-musk-merger-agreement

Aug 29, 2022:

https://thehill.com/homenews/ap/ap-technology/ap-elon-musk-subpoenas-twitter-whistleblower-ahead-of-trial

Aug 24, 2022:

https://thehill.com/policy/technology/3612708-twitter-whistleblower-adds-fuel-to-musks-allegations

Aug 22, 2022:

https://thehill.com/policy/technology/3611211-musk-presses-for-dismissal-of-twitter-suit-subpoenas-dorsey

Aug 5, 2022:

https://apnews.com/article/elon-musk-twitter-inc-technology-933f52cf58fea145e71f1112563951d4

Jul 12, 2022:

https://www.cnbc.com/2022/07/12/twitter-sues-elon-musk-to-enforce-original-merger-agreement.html
https://thehill.com/blogs/blog-briefing-room/news/other/3554566-elon-musk-time-for-trump-to-hang-up-his-hat-sail-into-the-sunset

Jul 11, 2022:

https://thehill.com/policy/technology/3553131-elon-musk-mocks-efforts-to-force-him-to-buy-twitter

Jul 8, 2022:

Jun 2, 2022:

https://thehill.com/policy/technology/3510778-musks-twitter-deal-clears-ftc-review-company-says

May 27, 2022:

https://www.axios.com/2022/05/27/sec-investigating-elon-musks-twitter-disclosures

May 25, 2022:

https://thehill.com/policy/technology/3502007-jack-dorsey-leaves-twitter-board-amid-musk-takeover-bid

May 22, 2022:

https://thehill.com/policy/technology/3497190-musk-worried-twitter-has-no-incentive-to-fix-spam-bots

May 10, 2022:

https://thehill.com/policy/technology/3483215-musk-says-hed-reverse-trumps-twitter-ban

Apr 29, 2022:

https://thehill.com/opinion/technology/3471557-elon-musks-twitter-free-speech-mirage

Apr 28, 2022:

https://thehill.com/policy/technology/3469490-musk-ordered-to-abide-by-sec-settlement-over-2018-tweets
https://thehill.com/policy/technology/3468979-musk-says-trumps-truth-social-exists-because-twitter-censored-free-speech

Apr 26, 2022:

Apr 25, 2022:

Twitter announced it has reached a $44 billion purchase deal with Elon Musk.

As part of the deal, Musk will buy all of Twitter's remaining stock (he already owns 9%) and pay shareholders $54.20/share in cash. That price is 38% more than Twitter's closing price on April 1, 2022.

After the buyout, Twitter, currently publicly owned and traded, will be a private company 100% owned by Musk.

According to Forbes, Musk is the richest person in the world with a net worth of $219 billion.

Musk said the following regarding the purchase:

Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.

I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.

Source:

(April 26, 2022). "Elon Musk to Acquire Twitter". Cision PR Newswire. Retrieved 2022-04-26

One comment on "Twitter Announces $44 Billion Purchase Deal with Elon Musk"

  1. Staggering $s for us unwashed masses. I truly hope Musk is sincere about free speech. Already hearing arguments about censorship/1st Amendment/cancelling, etc. Think China/N. Korea. There, powers that be spew propaganda; Citizens speak out and disappear that night. Here, trump spews lies and people push back because they are lies and we still have protected speech. Trump attacks media as enemy of the people when actually it's lack of truth being called out. Trump booted off Twitter because he fomented lies and incitement about January 6, in clear violation of Twitter policy. It’s similar to yelling "fire" in a crowded theater - not protected speech but unlawful. So, Elon, how far are you going to go?

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