Elon Musk now owns Twitter as $44 billion takeover closes

[Mightenr]

Elon Musk is the new owner of Twitter, giving the Tesla billionaire control of one of the world’s most powerful megaphones.

On Wednesday, Musk changed his Twitter bio to "Chief Twit" shortly before walking into Twitter's San Francisco headquarters carrying a porcelain sink. "Let that sink in," he tweeted.

Musk has acknowledged he overpaid for Twitter.

"The $44 billion price tag for Twitter will go down as one of the most overpaid tech acquisitions in the history of M&A deals on the Street in our opinion," Wedbush Securities analyst Daniel Ives wrote in a research note Thursday. He put the value of Twitter at closer to $25 billion.

"Although obviously myself and other investors are overpaying for Twitter right now," Musk recently said, "the long-term potential for Twitter is an order of magnitude higher than its current value."

With the deal completed, Twitter is once again a private company. Its shares stopped trading nearly nine years after it went public under the symbol TWTR on the New York Stock Exchange.

 

[lukinhascamp]

Wow $$$$$$

 

[Anjanamax01]

he is a brilliant guy i think

 

[MuhammadIshaq]

He Got nuts when he decided on a thing xd

 

[Mightenr]

I’m gonna active on twitter again XD

 

[SWAhmed]

of course he is ultra rich

 

[POGILAWAY123]

now i deleted my twitter i dont know why but i dont trust the app anymore

 

[saif99999]

A lot of money maker machines he build @

elon musk

 

[SAY9 GAMING]

he is a brilliant guy

 

[Cynux]

yo thats awesomeee

 

[Mightenr]

who is he

Yo he can take you to the moon

 

[VerexRazor]

I heard that he is firing 70% of his employees now lmao

 

[syedmuddassir61]

Ekli dosyayı görüntüle 80886Elon Musk is the new owner of Twitter, giving the Tesla billionaire control of one of the world’s most powerful megaphones.

On Wednesday, Musk changed his Twitter bio to "Chief Twit" shortly before walking into Twitter's San Francisco headquarters carrying a porcelain sink. "Let that sink in," he tweeted.

Musk has acknowledged he overpaid for Twitter.

"The $44 billion price tag for Twitter will go down as one of the most overpaid tech acquisitions in the history of M&A deals on the Street in our opinion," Wedbush Securities analyst Daniel Ives wrote in a research note Thursday. He put the value of Twitter at closer to $25 billion.

"Although obviously myself and other investors are overpaying for Twitter right now," Musk recently said, "the long-term potential for Twitter is an order of magnitude higher than its current value."

With the deal completed, Twitter is once again a private company. Its shares stopped trading nearly nine years after it went public under the symbol TWTR on the New York Stock Exchange.

now lets see twitter future

 

[Dodo Dil]

I heard that he is firing 70% of his employees now lmao

He won't, that's not true.

 

[mstx]

Sahibi oldu birde üst düzey yöneticileride postaaladı

 

[SWAhmed]

yea tomorrow he owned it.

 

[USMANAHMED KHAN]

really 44$ Billion thats alot

 

[badhon1234]

• Musk says the "bird is freed" after $44 billion deal
• Musk fires Twitter CEO, CFO, policy chief
• Some Twitter users flag willingness to walk away
• Poll shows employee job concerns
• EU warns: "This bird will fly by our rules"

 

[Yasin45567islam]

Elon Musk has acquired Twitter for $44 billion at the agreed upon share price of $54.20 a share. Elon Musk's $44 billion acquisition of Twitter closed on Thursday according to several media reports citing anonymous sources, even as the company itself and Musk kept mum on the matter.

 

[Nightfall241]

Hope there's something gonna be new on twitter