Elon Musk finally acquired Twitter and completed his deal recently amid a state of controversy, and after cases that continued in the courts, the matter was never simple, and it took a lot of time to reach this conclusion, and here we monitor the chronology of this deal from the beginning of its proposal as an idea until its completion, according to what The British newspaper “Daily Mail” reported.
April 2: Musk announced that he owns 9.2% of the company, making him the largest single shareholder.
April 14: Musk offers Twitter to acquire private equity at $54.20 per share, valuing the company at $44 billion.
April 25: Twitter accepts Musk’s offer
April 29: Musk sells $8 billion of Tesla stock to fund the deal
May 13: Musk says Twitter deal is pending pending bot review
May 26: Twitter sues Musk for stock manipulation during the acquisition
July 8: Musk says he’s reneging on the deal.
Twitter is suing him, trying to force his deal
Oct 4: Musk again suggests going ahead with the deal at the original price
October 17: Proposed trial date in Delaware
Oct 26: Mask visits Twitter HQ with a basin, updates his bio on the site to “Chief Twit” and locates him on Twitter HQ