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Kayne West Didn't Kill Himself
From Tweeting to Owning, How Did Elon Musk Buy Twitter? 🤔
Elon Musk is an avid twitteratti and you might have better odds at predicting a lottery winner than what his next tweet could be! It came as a surprise to netizens when Elon suddenly announced on Twitter that he's buying the platform for a whopping $44 bn! This news has stunned the market as he acquired the company for $54.20 per share in less time than most of us take to tweet! 🤯
But how did it happen? Let's take a deeper look. 🔍
Strategy : Experts hint at it as a "hostile takeover" strategy. It all began on 4 April 2022, when Elon Musk announced his purchase of a 9.2% stake in Twitter. He then offered to buy the entire company on 14 April 2022. Soon after becoming a major shareholder, Elon offered to either buy the company and take it private or reassess his position as a stakeholder if Twitter wasn't ready to sell. ♨️
Takeover : As a comeback, Twitter used a "Poison Pill" strategy. To prevent Elon from buying the entire company, they diluted the shareholding of all holders by offering aggressive discounts on stock prices. The expected bid price was set to discourage Elon from taking over Twitter without the board's approval. However, Elon Musk took over the influential global network by striking a deal on 25 April 2022. And, for now, he is advocating 'free speech,' beginning his tweets with Coca Cola, ice cream, and fun - leaving the world sceptical about the organisation's upcoming leadership style. 🤔
Volatility : The stock market took notice as well. On Monday, Twitter's stock gained 5.7% to $51.70, its highest closing value in nearly 5 months. Concerns about Tesla's shares have also risen due to the stock's loss of $126 bn in market value shortly after the takeover, raising questions about how Elon is financing his Twitter acquisition. Morgan Stanley, an investment bank, is leading the fundraising headlines with $21 bn in equity and $20 bn in loans, but financial details are yet to come up as speculation stirs. 🎢
Road Ahead : Elon Musk has floated ideas for upcoming features, but the employees express uncertainty as CEO, Parag Aggarwal states, “Once the deal closes, we don’t know what direction this company will go in”. 😶🌫️
The company that is known to shape the modern global narratives (with its 217+ mn daily users) now awaits Elon's responses to mounting speculation and challenges to settle the dust. This reminds us of how a simple tweet is subtly more powerful and influential than many think it to be! 🔥
Me (a twitter user myself): oh I sure hope those annoying twitter users don't come over here
अखेर ट्विटरची चिमणी ' ह्या ' व्यक्तीने घेतली विकत , शंभर टक्के एकच मालक
अखेर ट्विटरची चिमणी ‘ ह्या ‘ व्यक्तीने घेतली विकत , शंभर टक्के एकच मालक
सोशल मीडियावरील लोकप्रिय प्लॅटफॉर्म ट्विटरची विक्री झालेली असून टेस्लाचे कार्यकारी अधिकारी एलोन मस्क यांनी ही कंपनी विकत घेतलेली आहे. तब्बल 44 अब्ज डॉलरला त्यांनी ही खरेदी केली असून 25 तारखेला या व्यवहारावर शिक्कामोर्तब झालेले आहे. शंभर टक्के ट्विटरची मालकी आता एलोन मस्क यांच्या ताब्यात असून मस्क यांनी ट्विट करून मुक्तसंवाद हा लोकशाही व्यवस्थेचा कणा आहे आणि माझे कठोर टीकाकारदेखील ट्विटरवर कायम…
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अखेर ट्विटरची चिमणी ' ह्या ' व्यक्तीने घेतली विकत , शंभर टक्के एकच मालक
अखेर ट्विटरची चिमणी ‘ ह्या ‘ व्यक्तीने घेतली विकत , शंभर टक्के एकच मालक
सोशल मीडियावरील लोकप्रिय प्लॅटफॉर्म ट्विटरची विक्री झालेली असून टेस्लाचे कार्यकारी अधिकारी एलोन मस्क यांनी ही कंपनी विकत घेतलेली आहे. तब्बल 44 अब्ज डॉलरला त्यांनी ही खरेदी केली असून 25 तारखेला या व्यवहारावर शिक्कामोर्तब झालेले आहे. शंभर टक्के ट्विटरची मालकी आता एलोन मस्क यांच्या ताब्यात असून मस्क यांनी ट्विट करून मुक्तसंवाद हा लोकशाही व्यवस्थेचा कणा आहे आणि माझे कठोर टीकाकारदेखील ट्विटरवर कायम…
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Vanguard group dislodges Elon Musk as Twitter's largest shareholder
Vanguard group dislodges Elon Musk as Twitter’s largest shareholder
Musk still remains the largest individual shareholder Elon Musk, who revealed a 9.2% stake in Twitter earlier in April, has been dislodged as the largest shareholder of the micro-blogging platform after US-based money manager The Vanguard Group disclosed it now owns 10.3% of the firm. A filing submitted to the U.S. Securities and Exchange Commission shows Vanguard raised its ownership in the…
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What lies ahead for CEO Parag Agrawal with Elon Musk as Twitter boss
What lies ahead for CEO Parag Agrawal with Elon Musk as Twitter boss
After Tesla CEO Elon Musk acquired Twitter for $44 billion, its Indian-origin CEO Parag Agrawal said on Tuesday that the micro-blogging platform has a purpose and relevance that impacts the world. After Tesla CEO Elon Musk acquired Twitter for $44 billion, its Indian-origin CEO Parag Agrawal said on Tuesday that the micro-blogging platform has a purpose and relevance that impacts the entire…
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