technology

Find out the timeline of Elon Musk’s takeover of Twitter


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

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