JUST IN: Businessman, Elon Musk buys Twitter for $44bn (Details)

April 26, 2022 ABINSELOADEDNG News, Uncategorized 0

Elom musk

Elom musk

Elon Musk buys Twitter for $44bn. Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion.

The sale was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network private.

“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,” Musk said in a joint statement announcing the takeover.

 

Elon Musk had taken a major stake in the firm earlier this month before lining up last week some $46.5 billion in financing to push forward with the purchase.

Twitter board chair Bret Taylor said the body “conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing,” according to the statement.

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About ABINSELOADEDNG 815 Articles
Francis Isaac Akuki popularly known as Smilezee is an entrepreneur, a blogger/graphic designer, and actively involved in fintech. He hold a National Diploma Certificate From Federal Polytechnic Idah Kogi State and currently a student of Public Administration at Taraba State University, Jalingo. He also hold a diploma certificate in Computer Operating From Fatz Link Computer Institute Makurdi, BENUE State. Smilezee is passionate about technology and endeavors to promote it within his community and beyond. He’s the creative force behind the entertainment website www.Abinseloaded.com. Moreover, he’s widely acknowledged as the CEO of Smile Printing Center ABINSI, consistently striving to inspire others toward economic growth and development in his hometown of ABINSI.

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