Elon Musk Makes $43 Billion Bid To Purchase Twitter

Video Credit: Wibbitz Top Stories
Published on April 14, 2022 - Duration: 01:30s

Elon Musk Makes $43 Billion Bid To Purchase Twitter

Elon Musk, Makes $43 Billion Bid, To Purchase Twitter.

Elon Musk, Makes $43 Billion Bid, To Purchase Twitter.

On April 14, Elon Musk made his "best and final" offer to purchase Twitter, a company he says has extraordinary potential that he can unlock.

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On April 14, Elon Musk made his "best and final" offer to purchase Twitter, a company he says has extraordinary potential that he can unlock.

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'Time' reports that Musk announced his $43 billion bid in a filing with the U.S. Securities and Exchange Commission.

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'Time' reports that Musk announced his $43 billion bid in a filing with the U.S. Securities and Exchange Commission.

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On April 4, Musk disclosed a 9% stake he had purchased in the social media platform.

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Following his acquisition of that sizable stake, which made him the company's largest shareholder, Musk was offered a seat on the board.

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Following his acquisition of that sizable stake, which made him the company's largest shareholder, Musk was offered a seat on the board.

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The Tesla CEO is known for being outspoken on the platform and has amassed over 80 million followers.

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The Tesla CEO is known for being outspoken on the platform and has amassed over 80 million followers.

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The billionaire has often tweeted about changes he thinks should be made to the platform and even released polls for his followers to share their takes on the ideas.

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The billionaire has often tweeted about changes he thinks should be made to the platform and even released polls for his followers to share their takes on the ideas.

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'Time' reports that Musk has suggested many changes to the platform, including adding an edit button for tweets and granting automatic verification to premium users.

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'Time' reports that Musk has suggested many changes to the platform, including adding an edit button for tweets and granting automatic verification to premium users.

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Musk has also floated the idea of turning Twitter's San Francisco headquarters into a homeless shelter.

Musk has also floated the idea of turning Twitter's San Francisco headquarters into a homeless shelter.

According to 'Bloomberg' Billionaire's Index, Musk has an estimated net worth of about $260 billion.

According to 'Bloomberg' Billionaire's Index, Musk has an estimated net worth of about $260 billion.

By comparison, Twitter's market value is estimated at about $37 billion.


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