Elon Musk Buying Twitter Is Starting to Look More and More Likely
On Tuesday, rumors surfaced that Elon Musk would be buying Twitter. These rumors have been floating around for some time and come from a variety of different sources but this is the first time the idea has been taken seriously by mainstream news outlets. This potential acquisition could potentially be a game-changer for both Silicon Valley and social media as a whole.
Since we don’t know the final details about what happened behind closed doors at Twitter on Tuesday, it’s hard to say whether or not these reports are accurate or not, but if they are true then this will be one of the most interesting acquisitions in recent years.
Twitter’s barricade gives off an impression of being warming to Elon Musk’s $43 billion offered to take the virtual entertainment undertaking non-public after the Tesla CEO expressed he had gotten cost range for the buy. Twitter’s 11 board chiefs apparently met with Musk on April 24 and arranged data for quite a long time. The sides should conclude an arrangement as fast as these days (April 25), in sync with more than one stores, alongside The New York Times and The Wall Street Journal.
What Can Elon Musk Bring to Twitter?
A deal between Elon Musk and Twitter is likely to be a very passive one for Musk. This means that he wouldn’t be handling the day-to-day operations of the company, leaving those tasks to Jack Dorsey. Instead, Elon would serve as a sort of silent partner, working from behind the scenes to provide support and guidance.
Elon Musk has been involved with start-up companies for multiple years now. He has seen success in his ventures with both Paypal and Tesla Motors Inc (NASDAQ:TSLA). These two companies have shown how much can be achieved when you have a visionary at the top guiding operations every step of the way.
The news is a significant advancement in the extended adventure among Musk and Twitter after he uncovered he claimed a 9.2 percent stake in the online entertainment organization toward the beginning of April. Money Street is cheerful: Twitter stock bounced in excess of 5% to above $51.50 today morning in spite of significant value records sliding.
His involvement would likely be very similar to the role that Google’s Eric Schmidt has played at both Alphabet (GOOG) and Google (GOOGL). Elon Musk could be a distant voice of reason, a guiding light that helps lead Twitter through the next stage of its existence.
Final Words Of course, we don’t know what transpired during meetings between Twitter (NYSE:TWTR) and Elon Musk. We spoke to two different people that are directly responsible for organizing these meetings and they both denied any sort of negotiations taking place. However, this group of people is only responsible for coordinating the meeting. They aren’t involved in the actual discussions or negotiations that take place between these companies.
And Won the bid twitter CEO agree to sale twitter Elon Musk has bought Twitter for $44 billion. And it’s confirm Elon Musk purchased Twitter.
Elon Musk Buying Twitter
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