Elon Musk Won’t Be Joining Twitter’s Board Of Directors After All

Tesla stock has reversed its slump after Elon Musk said he is finished selling stock in the electric vehicle firm he runs as CEO in order to fund his pending $44 billion acquisition of Twitter.

Elon Musk, Tesla entrepreneur, SpaceX founder and world’s richest man, announced that he bought Twitter for $44billion to “unlock its potential” as a “free speech platform”. It’s been a busy year for Musk. As well as making headlines for his billionaire business investments, he’s welcomed a second baby daughter, Exa Dark Sideræll, with on-and-off girlfriend Grimes, has been called to testify in ex-girlfriend Amber Heard’s televised trial with her former husband Johnny Depp and has been with rumoured new girlfriend actress Natasha Bassett.

More of Amber Heard’s emails to Johnny Depp’s former agent have been revisited in his defamation trial — and it’s once again clear that she had Johnny on the brain after her breakup from Elon Musk.

While testifying about Amber Heard and Johnny Depp‘s relationship, Christian Carino recalled his former client confiding in him about her ex-husband amid her split from Elon Musk.

Tesla head’s divisive $44 billion takeover of Twitter Monday. Rogan heaped praise on the billionaire during a Tuesday episode of the “Joe Rogan Experience” with guest Jessica Kirston.“Oh s–t, oh s–t, Elon Musk just bought Twitter,” gushed the former “Fear Factor” host, who has received fierce backlash over his alleged anti-vaxxer comments, among other controversies.

acquired by Elon Musk.Former president Donald Trump’s Truth Social app previously ranked far lower in the days leading up to Twitter’s purchase. It was No. 171 on April 23 and climbed to No.

Elon Musk had purchased the website.The Tesla founder and entrepreneur successfully acquired the social media platform yesterday (April 25) for approximately $44billion (£34.5b), per The Independent.His offer was initially turned down by Twitter, which put a “poison pill” measure in place to stop a takeover attempt by Musk. However, the two parties later entered talks before the deal entered its final stages of negotiations.Yesterday, Musk shared a glimpse into his policy for the platform.

The Tesla mogul and richest man in the world made a surprise offer to buy the social media platform putting in a succesful bid of $54. 20 a share to acquire it which the board accepted. “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,” Mr Musk said in a statement.

Todd Spangler NY Digital EditorTwitter is now in Elon Musk’s hands. What his successful maneuver to buy the company means for its 200 million-plus users — or for media and entertainment companies that use the platform to reach global audiences — is anything but clear.In the space of three weeks, Musk went from disclosing a 9.2% stake in Twitter to clinching a $44 billion deal for the company on April 25.

Elon Musk in a deal that values the company at $44 billion, the board announced Monday afternoon.«The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders,» Bret Taylor, the company's independent board chair, said in a statement.Musk, the CEO of Tesla and SpaceX, reiterated his plans to remake Twitter as a forum dedicated to promoting free speech.«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,» he said in a statement.Musk also said he plans on «making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans» on the platform.It's the largest deal to take a company private in at least two decades, reported.The board voted unanimously in favor of the acquisition. The deal is expected to close this year, subject to the approval of Twitter's shareholders.The official acquisition caps off a drama worth of a soap opera between the famously mercurial Musk and one of the world's most prominent social networks.The billionaire disclosed earlier this month that he had become Twitter's largest shareholder, and soon after proposed to buy the company outright and take it private.

The Good Place star Jameela Jamil is quitting Twitter and it’s all because of the sale of the platform to Elon Musk.

Elon Musk is the richest man on the planet, and according to Forbes, he has an estimated fortune of $272.5 billion. With a fortune like that, many people would think the tech mogul owns multiple properties in the United States, castles in Europe, extravagant residences in Asia, or even a private island in the Caribbean. But, in actuality, Musk seems to live a very different life.

Elon Musk has confirmed his interest in becoming the outright owner of Twitter and says he has submitted a bid to purchase the social media company. Musk says he feels he can unlock the "extraordinary potential" of Twitter, which he bought a 9.2% stake in just 10 days ago. Musk, the world's richest man through his business interests in Tesla and SpaceX, used Twitter to share a link to a regulatory filing on Thursday, confirming that he had launched a takeover bid.

Billionaire Elon Musk has offered to buy Twitter for about US$41 billion in cash, saying the social media company he has often criticized needs to go private to see effective changes.

Tech billionaire Elon Musk has made an offer to acquire Twitter for $54.20 a share – valuing the social media giant at $41.4BN.