Elon Musk to buy Twitter in $44 billion deal (2022)

');$vidEndSlate.removeClass('video__end-slate--inactive').addClass('video__end-slate--active');}};CNN.autoPlayVideoExist = (CNN.autoPlayVideoExist === true) ? true : false;var configObj = {thumb: 'none',video: 'tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn',width: '100%',height: '100%',section: 'international',profile: 'expansion',network: 'cnn',markupId: 'large-media_0',adsection: 'const-article-carousel-pagetop',frameWidth: '100%',frameHeight: '100%',posterImageOverride: {"mini":{"width":220,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-small-169.jpg","height":124},"xsmall":{"width":307,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-medium-plus-169.jpg","height":173},"small":{"width":460,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-large-169.jpg","height":259},"medium":{"width":780,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-exlarge-169.jpg","height":438},"large":{"width":1100,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-super-169.jpg","height":619},"full16x9":{"width":1600,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-full-169.jpg","height":900},"mini1x1":{"width":120,"type":"jpg","uri":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-small-11.jpg","height":120}}},autoStartVideo = false,isVideoReplayClicked = false,callbackObj,containerEl,currentVideoCollection = [{"title":"Trump says he won't return to Twitter even if he's reinstated by Musk","duration":"02:38","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn/index.xml","videoId":"tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-large-169.jpg","videoUrl":"/videos/tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn/video/playlists/business-elon-musk/","description":"Twitter agreed to sell itself to Tesla and SpaceX CEO Elon Musk in a roughly $44 billion deal. CNN's Brian Todd reports on what has critics concerned about the sale, and why former President Donald Trump may not be returning to the popular social media platform.","descriptionText":"Twitter agreed to sell itself to Tesla and SpaceX CEO Elon Musk in a roughly $44 billion deal. CNN's Brian Todd reports on what has critics concerned about the sale, and why former President Donald Trump may not be returning to the popular social media platform."},{"title":"Business professor says that Elon Musk is on the hook for $45 billion","duration":"01:38","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn/index.xml","videoId":"business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220714171102-clip-1-nightcap-split-thumb-large-169.jpg","videoUrl":"/videos/business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn/video/playlists/business-elon-musk/","description":"Scott Galloway explains to \u003ca href=\"https://www.cnn.com/specials/business/nightcap\" target=\"_blank\">\"Nightcap's\u003c/a>\" Jon Sarlin why Elon Musk is not off the hook for his $44B deal with Twitter. To get the day's business headlines sent directly to your inbox, sign up for the \u003ca href=\"https://www.cnn.com/specials/nightcap\" target=\"_blank\">Nightcap newsletter\u003c/a>.","descriptionText":"Scott Galloway explains to \u003ca href=\"https://www.cnn.com/specials/business/nightcap\" target=\"_blank\">\"Nightcap's\u003c/a>\" Jon Sarlin why Elon Musk is not off the hook for his $44B deal with Twitter. To get the day's business headlines sent directly to your inbox, sign up for the \u003ca href=\"https://www.cnn.com/specials/nightcap\" target=\"_blank\">Nightcap newsletter\u003c/a>."},{"title":"Musk's stance on remote working is 'polar opposite' of Twitter's policy","duration":"02:26","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness/index.xml","videoId":"business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220601190827-tesla-elon-musk-dusa-large-169.jpg","videoUrl":"/videos/business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Elon Musk wants Tesla employees back in the office for a \"minimum of 40 hours per week.\" CNN's Matt Egan reports on the policy which was disclosed in leaked emails sent to executive staff. ","descriptionText":"Elon Musk wants Tesla employees back in the office for a \"minimum of 40 hours per week.\" CNN's Matt Egan reports on the policy which was disclosed in leaked emails sent to executive staff. "},{"title":"Stelter: This has all the trappings of Elon Musk negotiating","duration":"02:47","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness/index.xml","videoId":"business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220513060533-03-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"CNN's Brian Stelter says Elon Musk could be trying to re-price his $44 billion bid to acquire Twitter after he tweeted the deal was on hold.","descriptionText":"CNN's Brian Stelter says Elon Musk could be trying to re-price his $44 billion bid to acquire Twitter after he tweeted the deal was on hold."},{"title":"Elon Musk tweets that his Twitter deal is on hold","duration":"02:40","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness/index.xml","videoId":"business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220513060012-01-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Twitter shares dropped after Elon Musk tweeted he was putting the $44 billion deal on hold. CNN commentator Catherine Rampell weighs in on what Musk's motivation could be.","descriptionText":"Twitter shares dropped after Elon Musk tweeted he was putting the $44 billion deal on hold. CNN commentator Catherine Rampell weighs in on what Musk's motivation could be."},{"title":"Hear Elon Musk's plans for Trump's Twitter ban","duration":"01:22","sourceName":"CNN Business","sourceLink":"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html","videoCMSUrl":"/video/data/3.0/video/business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business/index.xml","videoId":"business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-large-169.jpg","videoUrl":"/videos/business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business/video/playlists/business-elon-musk/","description":"Elon Musk disclosed what he'll do about former President Trump's \u003ca href=\"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html\" target=\"_blank\">permanent Twitter ban\u003c/a> should the Tesla CEO's $44 billion bid to acquire the company become official.","descriptionText":"Elon Musk disclosed what he'll do about former President Trump's \u003ca href=\"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html\" target=\"_blank\">permanent Twitter ban\u003c/a> should the Tesla CEO's $44 billion bid to acquire the company become official."},{"title":"Analyst: Musk leveraging Tesla stock to buy Twitter is like swapping sushi for a hot dog","duration":"02:00","sourceName":"CNN Business","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business/index.xml","videoId":"business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220427125717-01-elon-musk-2019-file-large-169.jpg","videoUrl":"/videos/business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business/video/playlists/business-elon-musk/","description":"Dan Ives, managing director and senior equity research analyst at Wedbush Securities, breaks down how Tesla and Twitter investors are reacting to Elon Musk's latest move.","descriptionText":"Dan Ives, managing director and senior equity research analyst at Wedbush Securities, breaks down how Tesla and Twitter investors are reacting to Elon Musk's latest move."},{"title":"Elon Musk set to purchase Twitter for $44 billion","duration":"03:50","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness/index.xml","videoId":"business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220425130139-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Twitter's board has accepted Elon Musk's offer to purchase the company for $44 billion. CNN reporters Brian Stelter and Matt Egan weigh in on Musk's quest to take over the social media company.","descriptionText":"Twitter's board has accepted Elon Musk's offer to purchase the company for $44 billion. CNN reporters Brian Stelter and Matt Egan weigh in on Musk's quest to take over the social media company."},{"title":"Elon Musk in 2001: I'm a little tired of the internet","duration":"03:49","sourceName":"CNN","sourceLink":"https://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn/index.xml","videoId":"business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220425141917-elon-musk-2001-silicon-valley-interview-screengrab-01-large-169.jpg","videoUrl":"/videos/business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn/video/playlists/business-elon-musk/","description":"Long before he was interested in buying Twitter, Elon Musk and his then-wife, Justine, told CNN in 2001 about the serial entrepreneur's plans to step back from Silicon Valley.","descriptionText":"Long before he was interested in buying Twitter, Elon Musk and his then-wife, Justine, told CNN in 2001 about the serial entrepreneur's plans to step back from Silicon Valley."},{"title":"Why conservatives are embracing Elon Musk's Twitter move","duration":"06:22","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn/index.xml","videoId":"business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220417144105-rs-b-block-panel-large-169.jpg","videoUrl":"/videos/business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn/video/playlists/business-elon-musk/","description":"Brian Stelter discusses new research into online censorship claims and the connection to Elon Musk's bid for Twitter. Jessica Toonkel and Clare Duffy discuss what Musk and Twitter might do next.","descriptionText":"Brian Stelter discusses new research into online censorship claims and the connection to Elon Musk's bid for Twitter. Jessica Toonkel and Clare Duffy discuss what Musk and Twitter might do next."},{"title":"Smerconish has a message for conservatives rallying behind Elon Musk","duration":"06:48","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/16/what-are-elon-musks-politics.cnn/index.xml","videoId":"business/2022/04/16/what-are-elon-musks-politics.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220415071333-02-elon-musk-ted-0414-large-169.jpg","videoUrl":"/videos/business/2022/04/16/what-are-elon-musks-politics.cnn/video/playlists/business-elon-musk/","description":"Elon Musk's interest in acquiring Twitter has been heralded on the right and greeted with trepidation on the left. CNN's Michael Smerconish says Musk's past words and actions suggest he's neither a socialist nor a conservative -- but a centrist.","descriptionText":"Elon Musk's interest in acquiring Twitter has been heralded on the right and greeted with trepidation on the left. CNN's Michael Smerconish says Musk's past words and actions suggest he's neither a socialist nor a conservative -- but a centrist."},{"title":"Swisher on Musk: 'very good executive' who sometimes tweets 'like an 11-year-old'","duration":"04:50","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn/index.xml","videoId":"business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220416093207-swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old-00001312-large-169.png","videoUrl":"/videos/business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn/video/playlists/business-elon-musk/","description":"Twitter bidder Elon Musk's own tweets are sometimes \"obnoxious, like an 11-year-old boy that wasn't raised very well,\" says Kara Swisher, opinion columnist for the New York Times. But \"he has proven himself to be a good executive.\"","descriptionText":"Twitter bidder Elon Musk's own tweets are sometimes \"obnoxious, like an 11-year-old boy that wasn't raised very well,\" says Kara Swisher, opinion columnist for the New York Times. But \"he has proven himself to be a good executive.\""},{"title":"Watch late night hosts mock Elon Musk's offer to buy Twitter","duration":"02:01","sourceName":"CNN Business","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business/index.xml","videoId":"business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220415142817-late-night-hosts-elon-musk-large-169.jpg","videoUrl":"/videos/business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business/video/playlists/business-elon-musk/","description":"Late night hosts ridicule Elon Musk's offer to buy Twitter for $43 billion, as well as Musk's claim that he wants the social media company to be a platform for free speech.","descriptionText":"Late night hosts ridicule Elon Musk's offer to buy Twitter for $43 billion, as well as Musk's claim that he wants the social media company to be a platform for free speech."},{"title":"Elon Musk calls for 'free speech' on Twitter","duration":"04:43","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness/index.xml","videoId":"business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220405083742-01-elon-musk-0322-large-169.jpg","videoUrl":"/videos/business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness/video/playlists/business-elon-musk/","description":"Elon Musk shares his vision for Twitter during an on-stage interview at a TED conference in Canada following his offer to acquire the social media company. CNN's Brian Stelter dissects the talk. ","descriptionText":"Elon Musk shares his vision for Twitter during an on-stage interview at a TED conference in Canada following his offer to acquire the social media company. CNN's Brian Stelter dissects the talk. "},{"title":"Elon Musk wants to get to Mars with this behemoth rocket","duration":"05:11","sourceName":"CNN Business","sourceLink":"http://www.cnn.com/business/","videoCMSUrl":"/video/data/3.0/video/business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business/index.xml","videoId":"business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/210615142621-20210615-space-x-starship-sections-large-169.jpg","videoUrl":"/videos/business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business/video/playlists/business-elon-musk/","description":"SpaceX says Starship is the most powerful rocket ever built. Here's everything you need to know about the vehicle Elon Musk plans to use to set up a self-sustaining city on Mars.","descriptionText":"SpaceX says Starship is the most powerful rocket ever built. Here's everything you need to know about the vehicle Elon Musk plans to use to set up a self-sustaining city on Mars."},{"title":"'Something Elon can't do': CEO's dance moves light up the internet","duration":"01:47","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn/index.xml","videoId":"business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220323205642-elon-musk-moos-large-169.jpg","videoUrl":"/videos/business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn/video/playlists/business-elon-musk/","description":"Elon Musk shows off his dad dancing ... but his dance partner is a drone. CNN's Jeanne Moos reports.","descriptionText":"Elon Musk shows off his dad dancing ... but his dance partner is a drone. CNN's Jeanne Moos reports."}],currentVideoCollectionId = '',isLivePlayer = false,mediaMetadataCallbacks,mobilePinnedView = null,moveToNextTimeout,mutePlayerEnabled = false,nextVideoId = '',nextVideoUrl = '',turnOnFlashMessaging = false,videoPinner,videoEndSlateImpl;if (CNN.autoPlayVideoExist === false) {autoStartVideo = false;autoStartVideo = typeof CNN.isLoggedInVideoCheck === 'function' ? CNN.isLoggedInVideoCheck(autoStartVideo) : autoStartVideo;if (autoStartVideo === true) {if (turnOnFlashMessaging === true) {autoStartVideo = false;containerEl = jQuery(document.getElementById(configObj.markupId));CNN.VideoPlayer.showFlashSlate(containerEl);} else {CNN.autoPlayVideoExist = true;}}}configObj.autostart = CNN.Features.enableAutoplayBlock ? false : autoStartVideo;CNN.VideoPlayer.setPlayerProperties(configObj.markupId, autoStartVideo, isLivePlayer, isVideoReplayClicked, mutePlayerEnabled);CNN.VideoPlayer.setFirstVideoInCollection(currentVideoCollection, configObj.markupId);var videoHandler = {},isFeaturedVideoCollectionHandlerAvailable = (CNN !== undefined &&CNN.VIDEOCLIENT !== undefined &&CNN.VIDEOCLIENT.FeaturedVideoCollectionHandler !== undefined);if (!isFeaturedVideoCollectionHandlerAvailable) {CNN.INJECTOR.executeFeature('videx').done(function () {jQuery.ajax({dataType: 'script',cache: true,url: '//edition.i.cdn.cnn.com/.a/2.297.0/js/featured-video-collection-player.min.js'}).done(function () {initializeVideoAndCollection();}).fail(function () {throw 'Unable to fetch /js/featured-video-collection-player.min.js';});}).fail(function () {throw 'Unable to fetch the videx bundle';});}function initializeVideoAndCollection() {videoHandler = new CNN.VIDEOCLIENT.FeaturedVideoCollectionHandler(configObj.markupId,"cn-featured-1y5ikb9",'js-video_description-featured-1y5ikb9',[{"title":"Trump says he won't return to Twitter even if he's reinstated by Musk","duration":"02:38","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn/index.xml","videoId":"tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-large-169.jpg","videoUrl":"/videos/tech/2022/04/25/elon-musk-buys-twitter-dnt-tsr-todd-vpx.cnn/video/playlists/business-elon-musk/","description":"Twitter agreed to sell itself to Tesla and SpaceX CEO Elon Musk in a roughly $44 billion deal. CNN's Brian Todd reports on what has critics concerned about the sale, and why former President Donald Trump may not be returning to the popular social media platform.","descriptionText":"Twitter agreed to sell itself to Tesla and SpaceX CEO Elon Musk in a roughly $44 billion deal. CNN's Brian Todd reports on what has critics concerned about the sale, and why former President Donald Trump may not be returning to the popular social media platform."},{"title":"Business professor says that Elon Musk is on the hook for $45 billion","duration":"01:38","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn/index.xml","videoId":"business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220714171102-clip-1-nightcap-split-thumb-large-169.jpg","videoUrl":"/videos/business/2022/07/14/nightcap-twitter-elon-musk-clip-orig.cnn/video/playlists/business-elon-musk/","description":"Scott Galloway explains to \u003ca href=\"https://www.cnn.com/specials/business/nightcap\" target=\"_blank\">\"Nightcap's\u003c/a>\" Jon Sarlin why Elon Musk is not off the hook for his $44B deal with Twitter. To get the day's business headlines sent directly to your inbox, sign up for the \u003ca href=\"https://www.cnn.com/specials/nightcap\" target=\"_blank\">Nightcap newsletter\u003c/a>.","descriptionText":"Scott Galloway explains to \u003ca href=\"https://www.cnn.com/specials/business/nightcap\" target=\"_blank\">\"Nightcap's\u003c/a>\" Jon Sarlin why Elon Musk is not off the hook for his $44B deal with Twitter. To get the day's business headlines sent directly to your inbox, sign up for the \u003ca href=\"https://www.cnn.com/specials/nightcap\" target=\"_blank\">Nightcap newsletter\u003c/a>."},{"title":"Musk's stance on remote working is 'polar opposite' of Twitter's policy","duration":"02:26","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness/index.xml","videoId":"business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220601190827-tesla-elon-musk-dusa-large-169.jpg","videoUrl":"/videos/business/2022/06/02/elon-musk-tesla-work-policy-egan-fm-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Elon Musk wants Tesla employees back in the office for a \"minimum of 40 hours per week.\" CNN's Matt Egan reports on the policy which was disclosed in leaked emails sent to executive staff. ","descriptionText":"Elon Musk wants Tesla employees back in the office for a \"minimum of 40 hours per week.\" CNN's Matt Egan reports on the policy which was disclosed in leaked emails sent to executive staff. "},{"title":"Stelter: This has all the trappings of Elon Musk negotiating","duration":"02:47","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness/index.xml","videoId":"business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220513060533-03-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/05/13/elon-musk-twitter-deal-stelter-first-move-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"CNN's Brian Stelter says Elon Musk could be trying to re-price his $44 billion bid to acquire Twitter after he tweeted the deal was on hold.","descriptionText":"CNN's Brian Stelter says Elon Musk could be trying to re-price his $44 billion bid to acquire Twitter after he tweeted the deal was on hold."},{"title":"Elon Musk tweets that his Twitter deal is on hold","duration":"02:40","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness/index.xml","videoId":"business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220513060012-01-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/05/13/elon-musk-twitter-deal-on-hold-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Twitter shares dropped after Elon Musk tweeted he was putting the $44 billion deal on hold. CNN commentator Catherine Rampell weighs in on what Musk's motivation could be.","descriptionText":"Twitter shares dropped after Elon Musk tweeted he was putting the $44 billion deal on hold. CNN commentator Catherine Rampell weighs in on what Musk's motivation could be."},{"title":"Hear Elon Musk's plans for Trump's Twitter ban","duration":"01:22","sourceName":"CNN Business","sourceLink":"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html","videoCMSUrl":"/video/data/3.0/video/business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business/index.xml","videoId":"business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/170409094645-cnnmoney-trump-musk-split-large-169.jpg","videoUrl":"/videos/business/2022/05/10/elon-musk-trump-twitter-ban-decision-jg-orig.cnn-business/video/playlists/business-elon-musk/","description":"Elon Musk disclosed what he'll do about former President Trump's \u003ca href=\"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html\" target=\"_blank\">permanent Twitter ban\u003c/a> should the Tesla CEO's $44 billion bid to acquire the company become official.","descriptionText":"Elon Musk disclosed what he'll do about former President Trump's \u003ca href=\"https://www.cnn.com/2022/05/10/tech/elon-musk-twitter-trump-ban/index.html\" target=\"_blank\">permanent Twitter ban\u003c/a> should the Tesla CEO's $44 billion bid to acquire the company become official."},{"title":"Analyst: Musk leveraging Tesla stock to buy Twitter is like swapping sushi for a hot dog","duration":"02:00","sourceName":"CNN Business","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business/index.xml","videoId":"business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220427125717-01-elon-musk-2019-file-large-169.jpg","videoUrl":"/videos/business/2022/04/27/elon-musk-twitter-tesla-markets-now.cnn-business/video/playlists/business-elon-musk/","description":"Dan Ives, managing director and senior equity research analyst at Wedbush Securities, breaks down how Tesla and Twitter investors are reacting to Elon Musk's latest move.","descriptionText":"Dan Ives, managing director and senior equity research analyst at Wedbush Securities, breaks down how Tesla and Twitter investors are reacting to Elon Musk's latest move."},{"title":"Elon Musk set to purchase Twitter for $44 billion","duration":"03:50","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness/index.xml","videoId":"business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220425130139-elon-musk-file-large-169.jpg","videoUrl":"/videos/business/2022/04/25/elon-musk-to-buy-twitter-stelter-egan-sot-newsroom-vpx.cnnbusiness/video/playlists/business-elon-musk/","description":"Twitter's board has accepted Elon Musk's offer to purchase the company for $44 billion. CNN reporters Brian Stelter and Matt Egan weigh in on Musk's quest to take over the social media company.","descriptionText":"Twitter's board has accepted Elon Musk's offer to purchase the company for $44 billion. CNN reporters Brian Stelter and Matt Egan weigh in on Musk's quest to take over the social media company."},{"title":"Elon Musk in 2001: I'm a little tired of the internet","duration":"03:49","sourceName":"CNN","sourceLink":"https://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn/index.xml","videoId":"business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220425141917-elon-musk-2001-silicon-valley-interview-screengrab-01-large-169.jpg","videoUrl":"/videos/business/2022/04/25/elon-musk-silicon-valley-interview-2001-vault-orig.cnn/video/playlists/business-elon-musk/","description":"Long before he was interested in buying Twitter, Elon Musk and his then-wife, Justine, told CNN in 2001 about the serial entrepreneur's plans to step back from Silicon Valley.","descriptionText":"Long before he was interested in buying Twitter, Elon Musk and his then-wife, Justine, told CNN in 2001 about the serial entrepreneur's plans to step back from Silicon Valley."},{"title":"Why conservatives are embracing Elon Musk's Twitter move","duration":"06:22","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn/index.xml","videoId":"business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220417144105-rs-b-block-panel-large-169.jpg","videoUrl":"/videos/business/2022/04/17/why-conservatives-are-embracing-elon-musks-twitter-move.cnn/video/playlists/business-elon-musk/","description":"Brian Stelter discusses new research into online censorship claims and the connection to Elon Musk's bid for Twitter. Jessica Toonkel and Clare Duffy discuss what Musk and Twitter might do next.","descriptionText":"Brian Stelter discusses new research into online censorship claims and the connection to Elon Musk's bid for Twitter. Jessica Toonkel and Clare Duffy discuss what Musk and Twitter might do next."},{"title":"Smerconish has a message for conservatives rallying behind Elon Musk","duration":"06:48","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/16/what-are-elon-musks-politics.cnn/index.xml","videoId":"business/2022/04/16/what-are-elon-musks-politics.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220415071333-02-elon-musk-ted-0414-large-169.jpg","videoUrl":"/videos/business/2022/04/16/what-are-elon-musks-politics.cnn/video/playlists/business-elon-musk/","description":"Elon Musk's interest in acquiring Twitter has been heralded on the right and greeted with trepidation on the left. CNN's Michael Smerconish says Musk's past words and actions suggest he's neither a socialist nor a conservative -- but a centrist.","descriptionText":"Elon Musk's interest in acquiring Twitter has been heralded on the right and greeted with trepidation on the left. CNN's Michael Smerconish says Musk's past words and actions suggest he's neither a socialist nor a conservative -- but a centrist."},{"title":"Swisher on Musk: 'very good executive' who sometimes tweets 'like an 11-year-old'","duration":"04:50","sourceName":"CNN","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn/index.xml","videoId":"business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220416093207-swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old-00001312-large-169.png","videoUrl":"/videos/business/2022/04/16/swisher-on-musk-very-good-executive-who-sometimes-acts-like-an-11-year-old.cnn/video/playlists/business-elon-musk/","description":"Twitter bidder Elon Musk's own tweets are sometimes \"obnoxious, like an 11-year-old boy that wasn't raised very well,\" says Kara Swisher, opinion columnist for the New York Times. But \"he has proven himself to be a good executive.\"","descriptionText":"Twitter bidder Elon Musk's own tweets are sometimes \"obnoxious, like an 11-year-old boy that wasn't raised very well,\" says Kara Swisher, opinion columnist for the New York Times. But \"he has proven himself to be a good executive.\""},{"title":"Watch late night hosts mock Elon Musk's offer to buy Twitter","duration":"02:01","sourceName":"CNN Business","sourceLink":"","videoCMSUrl":"/video/data/3.0/video/business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business/index.xml","videoId":"business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220415142817-late-night-hosts-elon-musk-large-169.jpg","videoUrl":"/videos/business/2022/04/15/late-night-hosts-reaction-on-elon-musk-twitter-orig-ht.cnn-business/video/playlists/business-elon-musk/","description":"Late night hosts ridicule Elon Musk's offer to buy Twitter for $43 billion, as well as Musk's claim that he wants the social media company to be a platform for free speech.","descriptionText":"Late night hosts ridicule Elon Musk's offer to buy Twitter for $43 billion, as well as Musk's claim that he wants the social media company to be a platform for free speech."},{"title":"Elon Musk calls for 'free speech' on Twitter","duration":"04:43","sourceName":"CNNBusiness","sourceLink":"https://www.cnn.com/business","videoCMSUrl":"/video/data/3.0/video/business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness/index.xml","videoId":"business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220405083742-01-elon-musk-0322-large-169.jpg","videoUrl":"/videos/business/2022/04/14/elon-musk-twitter-ted-talk.cnnbusiness/video/playlists/business-elon-musk/","description":"Elon Musk shares his vision for Twitter during an on-stage interview at a TED conference in Canada following his offer to acquire the social media company. CNN's Brian Stelter dissects the talk. ","descriptionText":"Elon Musk shares his vision for Twitter during an on-stage interview at a TED conference in Canada following his offer to acquire the social media company. CNN's Brian Stelter dissects the talk. "},{"title":"Elon Musk wants to get to Mars with this behemoth rocket","duration":"05:11","sourceName":"CNN Business","sourceLink":"http://www.cnn.com/business/","videoCMSUrl":"/video/data/3.0/video/business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business/index.xml","videoId":"business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/210615142621-20210615-space-x-starship-sections-large-169.jpg","videoUrl":"/videos/business/2022/03/28/spacex-starship-elon-musk-mars-mc-scn-orig.cnn-business/video/playlists/business-elon-musk/","description":"SpaceX says Starship is the most powerful rocket ever built. Here's everything you need to know about the vehicle Elon Musk plans to use to set up a self-sustaining city on Mars.","descriptionText":"SpaceX says Starship is the most powerful rocket ever built. Here's everything you need to know about the vehicle Elon Musk plans to use to set up a self-sustaining city on Mars."},{"title":"'Something Elon can't do': CEO's dance moves light up the internet","duration":"01:47","sourceName":"CNN","sourceLink":"http://www.cnn.com","videoCMSUrl":"/video/data/3.0/video/business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn/index.xml","videoId":"business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn","videoImage":"//cdn.cnn.com/cnnnext/dam/assets/220323205642-elon-musk-moos-large-169.jpg","videoUrl":"/videos/business/2022/03/24/elon-musk-drone-dancing-moos-sc-orig-pkg-vpx.cnn/video/playlists/business-elon-musk/","description":"Elon Musk shows off his dad dancing ... but his dance partner is a drone. CNN's Jeanne Moos reports.","descriptionText":"Elon Musk shows off his dad dancing ... but his dance partner is a drone. CNN's Jeanne Moos reports."}],'js-video_headline-featured-1y5ikb9','',"js-video_source-featured-1y5ikb9",true,true,'business-elon-musk');if (typeof configObj.context !== 'string' || configObj.context.length <= 0) {configObj.context = 'tech'.replace(/[\(\)\-]/g, '');}configObj.videoCollection = 'business-elon-musk';CNN.VideoPlayer.getLibrary(configObj, videoHandler.getEventCallbackObject(), isLivePlayer, videoHandler.getMediaMetadataCallbacks());videoHandler.getCollectionCarouselElement().on('VIDEO_CAROUSEL_ITEM_CLICKED', CNN.VIDEOCLIENT.triggerSunrise);}});CNN.INJECTOR.scriptComplete('videodemanddust');

Elon Musk to buy Twitter in $44 billion deal (1)

Elon Musk to buy Twitter in $44 billion deal (2)

    JUST WATCHED

    Trump says he won't return to Twitter even if he's reinstated by Musk

More Videos ...

MUST WATCH

(16 Videos)

Trump says he won't return to Twitter even if he's reinstated by Musk

Business professor says that Elon Musk is on the hook for $45 billion

(Video) Elon Musk buys Twitter for $44 billion

Musk's stance on remote working is 'polar opposite' of Twitter's policy

Stelter: This has all the trappings of Elon Musk negotiating

Elon Musk tweets that his Twitter deal is on hold

Hear Elon Musk's plans for Trump's Twitter ban

Elon Musk set to purchase Twitter for $44 billion

Elon Musk in 2001: I'm a little tired of the internet

(Video) Elon Musk Offers To Buy Twitter For More Than $40 Billion

Why conservatives are embracing Elon Musk's Twitter move

Smerconish has a message for conservatives rallying behind Elon Musk

Swisher on Musk: 'very good executive' who sometimes tweets 'like an 11-year-old'

Watch late night hosts mock Elon Musk's offer to buy Twitter

Elon Musk calls for 'free speech' on Twitter

Elon Musk wants to get to Mars with this behemoth rocket

'Something Elon can't do': CEO's dance moves light up the internet

(Video) Elon Musk Offers to Buy Twitter For 43.4 Billion | THR News

New York (CNN)Twitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand the billionaire's business empire and put the world's richest man in charge of one of the world's most influential social networks.

The deal, which will take the company private, caps off a whirlwind period in which the Tesla and SpaceX CEO became one of Twitter's largest shareholders, was offered and turned down a seat on its board and bid to buy the company — all in less than a month.

Under the terms of the deal, shareholders will receive $54.20 in cash for each share of Twitter stock they own, matching Musk's original offer and marking a 38% premium over the stock price the day before Musk revealed his stake in the company.

    "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 Monday. "Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it."

      The deal, which was unanimously approved by Twitter's board, is expected to close this year. It comes after Musk revealed last week he had lined up $46.5 billion in financing to acquire the company, an apparent turning point that forced Twitter's board to seriously consider the deal. The board met Sunday to evaluate Musk's offer.

      Read More

      "The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing," Twitter independent board chair Bret Taylor said in a statement, calling the deal " the best path forward for Twitter's stockholders."

      Twitter stock was up nearly 6% following the announcement of the deal, hovering around $51.84, just shy of the offer price. The deal is pending approval from shareholders and regulators.

      (Video) Elon Musk offers to buy Twitter for $43 billion

        In an internal message to employees obtained by CNN, Twitter CEO Parag Agrawal said he would hold an all-hands meeting with Taylor on Monday afternoon to answer questions about the deal. "I know this is a significant change and you're likely processing what this means for you and Twitter's future," he said.

        What Musk means for Twitter

        Musk is both a high-profile Twitter user and a controversial one. He has more than 83 million followers on the platform, which he has used over the years for everything from sharing memes and discussing his companies to insulting politicians, spreading misleading claims about Covid-19 and making offensive remarks about the transgender community.

        Musk has repeatedly stressed in recent days that his goal is to bolster free speech on the platform and work to "unlock" Twitter's "extraordinary potential."

        In his statement Monday, Musk said he wants to "make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans." Separately, he said in a tweet Monday that he hopes "even my worst critics remain on Twitter, because that is what free speech means."

        Still, some industry experts worry that Musk's desire for free speech on Twitter could mean rolling back some of the platform's work to curb hate speech, misinformation, harassment and other harmful content. Others questioned whether Musk might restore former President Donald Trump's account, which was removed early last year for violating Twitter policies against inciting violence following the Capitol Riot. Such a move could have significant ramifications for the upcoming 2024 US presidential election.

        While Twitter is smaller than some social media rivals, it has an outsized influence in the online and offline worlds because it is used by many politicians, public figures and journalists, and has sometimes acted as a model for other platforms in how to handle harmful content.

        "Do not allow Twitter to become a petri dish for hate speech, or falsehoods that subvert our democracy," Derrick Johnson, president of the NAACP, said in a statement directed at Musk Monday following the deal.

        A new and uncertain era for Twitter

        In the days since Musk's initial bid, many following the company wondered whether Twitter would try to find another buyer, especially after the company put in place a poison pill to make it more difficult for Musk to acquire the company without its approval.

        But CFRA senior equity analyst Angelo Zino said Monday that Twitter's board more seriously considering Musk's offer may have come "from the Board's realization that an alternative bid from a 'white knight' may be difficult to come by, especially following the decline in asset prices from social media companies in recent weeks/months."

        It's not clear whether Agrawal — who took over the CEO role from founder Jack Dorsey in November — will remain in the top job following the takeover. Musk previously tweeted a meme comparing Agrawal to former Soviet leader Joseph Stalin. Musk also said in his offer letter to buy Twitter that he does not "have confidence in management."

        The deal could, however, put an end to nearly a decade of chaos at Twitter as a public company, during which it has cycled through CEOs, grappled with an activist investor and struggled to ignite growth and successfully monetize its influential user base.

          Agrawal said in Monday's statement that "Twitter has a purpose and relevance that impacts the entire world," He added: "Deeply proud of our teams and inspired by the work that has never been more important."

          CNN Business tech reporter Clare Duffy can be reached at clare.duffy@cnn.com.

          CNN's Brian Stelter and Donie O'Sullivan contributed to this report.

          FAQs

          Will Elon Musk have to buy Twitter? ›

          Mr. Musk's move sets up what is likely to be an ugly and protracted legal battle with Twitter. The billionaire signed a legally binding agreement in April to buy the company for $54.20 a share, waiving due diligence to get the deal done quickly.

          What's the big deal with Elon Musk and Twitter? ›

          Musk signed a merger agreement

          The two sides signed a legal agreement that Musk would buy Twitter for $54.20 a share. If either side broke off the deal, they could be on the hook to pay a $1 billion fee to the other party.

          Can Elon Musk get out of Twitter deal? ›

          This might seem a narrow basis for terminating a deal, but the agreement states (clause 6.1) that Musk must be told when Twitter is deviating from its obligation to conduct its business in the ordinary course and must “preserve substantially intact the material components of its current business organisation.”

          Who was trying to buy Twitter? ›

          Elon Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement. The announcement is the latest twist in a long-running saga after the world's richest person decided to buy Twitter in April.

          Is Twitter deal Cancelled? ›

          Tesla CEO Elon Musk has terminated the $44 billion Twitter deal after making big claims about the micro-blogging site.

          Is the Twitter sale final? ›

          The deal, which has been unanimously approved by Twitter's board, is expected to close this year, subject to a vote of Twitter shareholders and certain regulatory approvals. The blockbuster agreement caps what had seemed an improbable attempt by the famously mercurial Mr.

          Is Twitter a good stock to buy? ›

          Currently, Twitter Inc's price-earnings ratio is 164.6. Twitter Inc's trailing 12-month revenue is $5.2 billion with a -4.2% profit margin. Year-over-year quarterly sales growth most recently was 15.9%. Analysts expect adjusted earnings to reach $1.415 per share for the current fiscal year.

          How do Twitter make money? ›

          Twitter divides its revenue into two categories: the sale of advertising services, which constitutes the vast majority of the company's revenue, and data licensing and other services. 4 Twitter's major competitors include other social media companies like Facebook parent Meta Platforms Inc.

          How much will Elon Musk pay for Twitter? ›

          Musk is now committed to paying $33.5 billion in cash for Twitter, up from the $27.3 billion he had previously committed to. That lowers the amount of debt he will have to take on from banks to get to the $44 billion he has agreed to pay for the social media company.

          Why is Musk not buying Twitter? ›

          Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr.

          Can Musk pull out of Twitter? ›

          Can Elon Musk walk away from Twitter? According to the filing with the SEC on April 25, the deal calls for Musk to pay Twitter a $1 billion break-up fee if he terminates the deal. But Musk may not be able to just walk away. Twitter may be able to force Musk to complete the deal, legal observers say.

          How can I contact Elon Musk? ›

          To contact Elon Musk, write a letter that's addressed to him and send it to Corporate Secretary, Tesla, Inc. 3500 Deer Creek Road, Palo Alto, CA 94304 United States. You can also reach out to Elon Musk over Twitter by using his Twitter handle @elonmusk.

          Why did Elon Musk buy Twitter? ›

          According to Babylon Bee CEO Seth Dillon, who is also a director at Parler, Musk told him that he “might need to buy Twitter” to protect free speech.

          Will Elon Musk takeover Twitter? ›

          Elon Musk wears many hats as Tesla CEO, SpaceX CEO, and founder of the Boring Company and Neuralink. He's also a prolific Twitter user. The news that Musk made a $44 billion offer to buy Twitter and potentially become the social media company's CEO has sent shock waves through Wall Street and social media.

          What will happen if Elon Musk buys Twitter? ›

          If Elon Musk's purchase of Twitter closes, Twitter shareholders will receive $54.20 in cash for each share, and the company will become private.

          Will Elon Musk take Twitter private? ›

          ELON MUSK, the world's richest man, has described Twitter as the “de facto public town square”. On April 25th he struck a deal to take it private.

          Videos

          1. Tesla billionaire Elon Musk to buy Twitter for $44B
          (CBC News)
          2. Elon Musk withdraws his $44 billion offer to buy Twitter
          (CBS Evening News)
          3. Elon Musk reaches deal to buy Twitter for $44B US
          (CBC News: The National)
          4. Elon Musk Twitter Buy Explained: Why He Offered $43 BILLION!
          (CNET)
          5. Elon Musk Makes $43 Billion Offer for Twitter
          (Bloomberg Markets and Finance)
          6. BREAKING: Elon Musk Reaches Deal To Buy Twitter
          (MSNBC)

          You might also like

          Latest Posts

          Article information

          Author: Madonna Wisozk

          Last Updated: 10/11/2022

          Views: 5918

          Rating: 4.8 / 5 (48 voted)

          Reviews: 95% of readers found this page helpful

          Author information

          Name: Madonna Wisozk

          Birthday: 2001-02-23

          Address: 656 Gerhold Summit, Sidneyberg, FL 78179-2512

          Phone: +6742282696652

          Job: Customer Banking Liaison

          Hobby: Flower arranging, Yo-yoing, Tai chi, Rowing, Macrame, Urban exploration, Knife making

          Introduction: My name is Madonna Wisozk, I am a attractive, healthy, thoughtful, faithful, open, vivacious, zany person who loves writing and wants to share my knowledge and understanding with you.