Finally, Elon Musk Has Bought Twitter For $44 Billion Dollars, Paid Off Jack Dorsey

Finally, Elon Musk Has Bought Twitter For $44 Billion Dollars, Paid Off Jack Dorsey

News Now Breaking Every Portal as Elon Musk Buys Twitter For $44bn

On Monday 25 April 2022, Elon Musk agreed to buy Twitter for $44 billion in cash, transferring ownership of the social media site populated by millions of users and global leaders to the world’s richest person.

It is a seminal moment for the 16-year-old company that emerged as one of the world’s most influential public squares and now faces a string of challenges.

Discussions over the deal, which last week appeared uncertain, accelerated over the weekend after Musk wooed Twitter shareholders with financing details of his offer.

Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price.

“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 statement.

Twitter’s shares were up about 6 per cent following the news.

What does Jack Dorsey think of Elon Musk buying Twitter?

Musk’s purchase of Twitter, according to Dorsey, is a move in the right direction for the company. “Elon’s goal of building a platform that is both highly trusted and broadly inclusive is the right one. This is also @paraga’s goal, and it is the reason I chose him. Thank you both for rescuing the company from a precarious condition.

Jack Dorsey, Former owner of Twitter,

Who is the owner of Twitter currently?

The current owner of Twitter, it’s community and entire operations is Elon Musk. The purchase of Twitter by Elon, according to Twitter CEO Jack Dorsey, is the “correct way” for his company. Elon musk, the head admin of Tesla and SpaceX, has agreed to buy Twitter for $44.00 billion dollars per share.

Picture / Photo of Elon Musk who bought Twitter Company

Musk, the Current Twitter Ownership.

When did Elon Musk Buy Twitter ?

Virtually, Elon Musk became the verified Owner of Twitter Company from 25th day of April, in the year 2022 while Jack Dorsey stepped down as former CEO.

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