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Elon Musk buys Twitter

April 26, 2022

Via: TechRadar

You don’t even need 280 characters to deliver this momentous news: Elon Musk just bought Twitter.

The Tesla CEO and SpaceX founder has been circling the popular social media platform for weeks, using Twitter itself as a medium to announce both his intentions and ongoing frustrations with the platform in its current form.

Now, after lining up the funds (his own and hefty support from Morgan Stanley) Musk will pay $43.4 billion – roughly $54.20 per share – in a tender offer that gives him control of the company. The deal now faces regulatory approval.

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