News Formal

Elon Musk buys Twitter for about $44B, will privatise company

  • 📰 trtworld
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Ex-US president Donald Trump says he will not return to social media platform Twitter even if his account is reinstated following the platform's purchase by billionaire Elon Musk

The outspoken Tesla CEO says he wanted to own and privatise Twitter because he thinks it’s not living up to its potential as a platform for free speech.

Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price. Around 1850 GMT on Monday, the NYSE said trading was halted on Twitter due to news pending. The stock had gained 5.5 percent in the day's session.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk to buy Twitter for approximately $44B, company announcesBREAKING Elon Musk to buy Twitter for approximately $44 billion, company announces HELL YEA To the 1% who's reading this Stay safe,god bless you and have a wonderful day 💚 Shit
Source: ABC7 - 🏆 67. / 68 Read more »