Tech visionary turned social media king Elon Musk's A-list enterprises and how much they are worth

<p>As soon as the news of Tesla CEO Elon Musk buying Twitter hit the internet, the&nbsp;microblogging site exploded in a whirlwind of memes and a&nbsp;frenzy of&nbsp;amusing tweets.</p>

<p>Musk, the eccentric and brilliant CEO who, by his own admission, is a strong believer in free speech, has bought Twitter after weeks of controversy.</p>

<p>The world's richest man, known for his innovative ideas, has investments in a wide range of industries, including space exploration, electric automobiles, and artificial intelligence. He's on his way to becoming the social media king.</p>

<p><strong>Watch |&nbsp;'Musk may control content for his own purpose,' mixed reactions on Elon Musk's Twitter acquisition</strong></p>

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<p>From memes to jokes to suggestions, here's how Twitterati are reacting to this acquisition:&nbsp;</p>

<p>Let's start with a tweet by Jeff Bezos, the founder of Amazon, and the response people gave to his tweet.</p>

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<p dir="ltr" lang="en">Interesting question. Did the Chinese government just gain a bit of leverage over the town square? <a href="https://t.co/jTiEnabP6T">https://t.co/jTiEnabP6T</a></p>
— Jeff Bezos (@JeffBezos) <a href="https://twitter.com/JeffBezos/status/1518734031566778368?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p dir="ltr" lang="en">Elon musk things...😂😂<a href="https://twitter.com/hashtag/ElonMuskBuyTwitter?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMuskBuyTwitter</a> <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> <a href="https://t.co/mzLZVu2Sdc">pic.twitter.com/mzLZVu2Sdc</a></p>
— COLDPLAYER..🎸🎶🎶 (@swaroop_124) <a href="https://twitter.com/swaroop_124/status/1518577694119952385?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p>And now let's move on to the people's reactions:</p>

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<p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/ElonMuskBuyTwitter?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMuskBuyTwitter</a> <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> right now : <a href="https://t.co/SJO3HfXnq4">pic.twitter.com/SJO3HfXnq4</a></p>
— _H@rîs_ (@imharis_10) <a href="https://twitter.com/imharis_10/status/1518727000105570304?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p dir="ltr" lang="en">Suspended accounts coming back after Twitter takeover by Elon Musk <a href="https://t.co/1tJD66El3i">pic.twitter.com/1tJD66El3i</a></p>
— Sagar (@sagarcasm) <a href="https://twitter.com/sagarcasm/status/1518631080706076673?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p dir="ltr" lang="en">Elon Musk has finally set the blue bird free: <a href="https://t.co/LXjzYCS2ZU">pic.twitter.com/LXjzYCS2ZU</a></p>
— Mikey (@MikeDulaimi) <a href="https://twitter.com/MikeDulaimi/status/1518669089010561027?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/wion-explains-the-elon-musk-controversy-and-the-current-top-shareholders-of-twitter-471576">WION explains | The Elon Musk-Twitter saga; from hostile bid to the actual takeover</a></strong></p>

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<p dir="ltr" lang="en">Elon Musk's first visit to <a href="https://twitter.com/Twitter?ref_src=twsrc%5Etfw">@Twitter</a> office. <a href="https://t.co/ri98EGuQPc">pic.twitter.com/ri98EGuQPc</a></p>
— Rofl Gandhi 2.0 🏹 (@RoflGandhi_) <a href="https://twitter.com/RoflGandhi_/status/1518833089723596800?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Elon Musk paid $44 billion for Twitter.<br />
Me who downloaded it for free: <a href="https://t.co/fMmep8hY16">pic.twitter.com/fMmep8hY16</a></p>
— Aman (@imboyaman) <a href="https://twitter.com/imboyaman/status/1518835834748739584?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Elon Musk after buying twitter for $44 billion to Donald Trump <a href="https://twitter.com/hashtag/twittersold?src=hash&amp;ref_src=twsrc%5Etfw">#twittersold</a> <a href="https://t.co/aiVlr0Yi1e">pic.twitter.com/aiVlr0Yi1e</a></p>
— Harsh nandan (@nandanharsh181) <a href="https://twitter.com/nandanharsh181/status/1518790013625856000?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Me showing Elon Musk how to download twitter for free on the App Store instead of spending $45 billion <a href="https://t.co/HIVmJDPEhY">pic.twitter.com/HIVmJDPEhY</a></p>
— formu1a.fun (@formu1a_fun) <a href="https://twitter.com/formu1a_fun/status/1518826927359942657?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/tech-visionary-turned-social-media-king-elon-musks-a-list-enterprises-and-how-much-they-are-worth-473896">Tech visionary turned social media king Elon Musk's A-list enterprises and how much they are worth</a></strong></p>

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<p dir="ltr" lang="en">One fine morning, bored <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> decided to go for a shopping and bought Twitter. Say hello to the new CEO of Twitter.<a href="https://twitter.com/hashtag/TwitterCEO?src=hash&amp;ref_src=twsrc%5Etfw">#TwitterCEO</a> <a href="https://twitter.com/hashtag/twittersold?src=hash&amp;ref_src=twsrc%5Etfw">#twittersold</a> <a href="https://t.co/soFRewB6wm">pic.twitter.com/soFRewB6wm</a></p>
— Django (@DaringDjango) <a href="https://twitter.com/DaringDjango/status/1518812104878215169?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Elon Musk should restore Donald Trump’s Twitter account, regardless of whether he plans to use it or not.<br />
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Free Speech on Twitter starts with righting previous wrongs.</p>
— Benny Johnson (@bennyjohnson) <a href="https://twitter.com/bennyjohnson/status/1518802224230678531?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Bought twitter for one reason: get rid of this annoying stalking bot <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> <a href="https://twitter.com/ElonJet?ref_src=twsrc%5Etfw">@ElonJet</a> <a href="https://t.co/kQTmyTkr3H">pic.twitter.com/kQTmyTkr3H</a></p>
— Ellon Musk (@marskellion) <a href="https://twitter.com/marskellion/status/1518838825673531393?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">One fine morning, bored <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> decided to go for a shopping and bought Twitter. Say hello to the new CEO of Twitter.<a href="https://twitter.com/hashtag/TwitterCEO?src=hash&amp;ref_src=twsrc%5Etfw">#TwitterCEO</a> <a href="https://twitter.com/hashtag/twittersold?src=hash&amp;ref_src=twsrc%5Etfw">#twittersold</a> <a href="https://t.co/soFRewB6wm">pic.twitter.com/soFRewB6wm</a></p>
— Django (@DaringDjango) <a href="https://twitter.com/DaringDjango/status/1518812104878215169?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/after-elon-musks-purchase-of-twitter-white-house-expresses-concerns-473856">After Musk's Twitter deal, White House says concerned over 'power of large social media platforms'</a></strong></p>

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<p dir="ltr" lang="en">Donald Trump celebration🎉🤸‍♀️ after <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> <a href="https://twitter.com/hashtag/TwitterTakeover?src=hash&amp;ref_src=twsrc%5Etfw">#TwitterTakeover</a> <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> announce free speech .<a href="https://twitter.com/hashtag/CEO_of_Twitter?src=hash&amp;ref_src=twsrc%5Etfw">#CEO_of_Twitter</a> <a href="https://twitter.com/hashtag/ParagAgrawal?src=hash&amp;ref_src=twsrc%5Etfw">#ParagAgrawal</a><br />
<a href="https://twitter.com/hashtag/jackdorsey?src=hash&amp;ref_src=twsrc%5Etfw">#jackdorsey</a> <a href="https://twitter.com/hashtag/leavingtwitter?src=hash&amp;ref_src=twsrc%5Etfw">#leavingtwitter</a> <a href="https://twitter.com/hashtag/twittersold?src=hash&amp;ref_src=twsrc%5Etfw">#twittersold</a> <a href="https://t.co/M7CQHqB5Bh">pic.twitter.com/M7CQHqB5Bh</a></p>
— Subhash Suman (@Subha7Suman) <a href="https://twitter.com/Subha7Suman/status/1518830694155251718?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p dir="ltr" lang="en">Everyone is thinking that Elon Musk has bought Twitter for Donald Trump.. but the real reason is something else.. 😂😂🤣🤣<a href="https://twitter.com/hashtag/twittersold?src=hash&amp;ref_src=twsrc%5Etfw">#twittersold</a> <a href="https://twitter.com/hashtag/ElonMusk?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMusk</a> <a href="https://twitter.com/hashtag/Twitter?src=hash&amp;ref_src=twsrc%5Etfw">#Twitter</a><a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw">#Trump</a> <a href="https://twitter.com/hashtag/ParagAgrawal?src=hash&amp;ref_src=twsrc%5Etfw">#ParagAgrawal</a><a href="https://twitter.com/hashtag/ElonMuskBuyTwitter?src=hash&amp;ref_src=twsrc%5Etfw">#ElonMuskBuyTwitter</a><a href="https://t.co/BJZ6tEdrU5">pic.twitter.com/BJZ6tEdrU5</a></p>
— Tòxìç 🚫 (@m_k_s_1_1) <a href="https://twitter.com/m_k_s_1_1/status/1518819687001296897?ref_src=twsrc%5Etfw">April 26, 2022</a></blockquote>
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<p>Twitter independent board chair Bret Taylor said in a statement: "The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing."&nbsp;</p>

<p>Taylor hailed the deal as "the best path forward for Twitter's stockholders."&nbsp;</p>


As soon as the news of Tesla CEO Elon Musk buying Twitter hit the internet, the microblogging site exploded in a whirlwind of memes and a frenzy of amusing tweets.

As soon as the news of Tesla CEO Elon Musk buying Twitter hit the internet, the microblogging site exploded in a whirlwind of memes and a frenzy of amusing tweets. Musk, the eccentric and brilliant CEO who, by his own admission, is a strong believer in free speech, has bought Twitter after weeks of controversy. The world's richest man, known for his innovative ideas, has investments in a wide range of industries, including space exploration, electric automobiles, and artificial intelligence. He's on his way to becoming the social media king. Watch | 'Musk may control content for his own purpose,' mixed reactions on Elon Musk's Twitter acquisition From memes to jokes to suggestions, here's how Twitterati are reacting to this acquisition: Let's start with a tweet by Jeff Bezos, the founder of Amazon, and the response people gave to his tweet. Interesting question. Did the Chinese government just gain a bit of leverage over the town square? https://t.co/jTiEnabP6T — Jeff Bezos (@JeffBezos) April 25, 2022 × Elon musk things...😂😂#ElonMuskBuyTwitter #ElonMusk pic.twitter.com/mzLZVu2Sdc — COLDPLAYER..🎸🎶🎶 (@swaroop_124) April 25, 2022 × And now let's move on to the people's reactions: #ElonMuskBuyTwitter #ElonMusk right now : pic.twitter.com/SJO3HfXnq4 — _H@rîs_ (@imharis_10) April 25, 2022 × Suspended accounts coming back after Twitter takeover by Elon Musk pic.twitter.com/1tJD66El3i — Sagar (@sagarcasm) April 25, 2022 × Elon Musk has finally set the blue bird free: pic.twitter.com/LXjzYCS2ZU — Mikey (@MikeDulaimi) April 25, 2022 × Also read | WION explains | The Elon Musk-Twitter saga; from hostile bid to the actual takeover Elon Musk's first visit to @Twitter office. pic.twitter.com/ri98EGuQPc — Rofl Gandhi 2.0 🏹 (@RoflGandhi_) April 26, 2022 × Elon Musk paid $44 billion for Twitter. Me who downloaded it for free: pic.twitter.com/fMmep8hY16 — Aman (@imboyaman) April 26, 2022 × Elon Musk after buying twitter for $44 billion to Donald Trump #twittersold pic.twitter.com/aiVlr0Yi1e — Harsh nandan (@nandanharsh181) April 26, 2022 × Me showing Elon Musk how to download twitter for free on the App Store instead of spending $45 billion pic.twitter.com/HIVmJDPEhY — formu1a.fun (@formu1a_fun) April 26, 2022 × Also read | Tech visionary turned social media king Elon Musk's A-list enterprises and how much they are worth One fine morning, bored #ElonMusk decided to go for a shopping and bought Twitter. Say hello to the new CEO of Twitter.#TwitterCEO #twittersold pic.twitter.com/soFRewB6wm — Django (@DaringDjango) April 26, 2022 × Elon Musk should restore Donald Trump’s Twitter account, regardless of whether he plans to use it or not. Free Speech on Twitter starts with righting previous wrongs. — Benny Johnson (@bennyjohnson) April 26, 2022 × Bought twitter for one reason: get rid of this annoying stalking bot @elonmusk @ElonJet pic.twitter.com/kQTmyTkr3H — Ellon Musk (@marskellion) April 26, 2022 × One fine morning, bored #ElonMusk decided to go for a shopping and bought Twitter. Say hello to the new CEO of Twitter.#TwitterCEO #twittersold pic.twitter.com/soFRewB6wm — Django (@DaringDjango) April 26, 2022 × Also read | After Musk's Twitter deal, White House says concerned over 'power of large social media platforms' Donald Trump celebration🎉🤸‍♀️ after #ElonMusk #TwitterTakeover @elonmusk announce free speech .#CEO_of_Twitter #ParagAgrawal #jackdorsey #leavingtwitter #twittersold pic.twitter.com/M7CQHqB5Bh — Subhash Suman (@Subha7Suman) April 26, 2022 × Everyone is thinking that Elon Musk has bought Twitter for Donald Trump.. but the real reason is something else.. 😂😂🤣🤣#twittersold #ElonMusk #Twitter#Trump #ParagAgrawal#ElonMuskBuyTwitterpic.twitter.com/BJZ6tEdrU5 — Tòxìç 🚫 (@m_k_s_1_1) April 26, 2022 × Twitter independent board chair Bret Taylor said in a statement: "The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing." Taylor hailed the deal as "the best path forward for Twitter's stockholders."

From freeing the blue bird to Trump memes, here's how twitteratti reacted to Elon Musk's Twitter purchase

<p>Tesla CEO Elon Musk has successfully purchased Twitter for $44 billion. The deal will give the world's richest person control of the social media platform populated by millions of users and global leaders.</p>

<p>Now that the Tesla CEO&nbsp;has purchased Twitter, the US government has expressed some concerns.</p>

<p>During a Monday press briefing, the White House said that US President Joe Biden was concerned about the power that large social media outlets hold.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/wion-explains-the-elon-musk-controversy-and-the-current-top-shareholders-of-twitter-471576">WION explains: The Elon Musk-Twitter controversy</a></strong><br />
&nbsp;<br />
Dismissing that this concern had anything to do with the billionaire, spokesperson Jen Psaki said the White House would not comment on an individual transaction.</p>

<p>"Our concerns are not new," said Psaki.</p>

<p>"No matter who owns or runs Twitter, the President has long been concerned about the power of large social media platforms, that power they have over our everyday lives."</p>

<p>She added that Biden "has long argued that tech platforms must be held accountable for the harm they cause."&nbsp;</p>

<p><strong>Watch |&nbsp;Elon Musk's mission Twitter: Musk to seal the deal with Twitter? Twitter shares jump over 3%</strong></p>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/elon-musks-mission-twitter-musk-to-seal-the-deal-with-twitter-twitter-shares-jump-over-3-473852/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<p>Just a few hours ago on Monday, Musk successfully clinched a deal to purchase micro-blogging site Twitter for $44 billion.&nbsp;</p>

<p>His takeover of Twitter is the culmination of a whirlwind of announcements and counter-announcements, punctuated by gleefully fired punches at the company, that too on its own platform.</p>

<p>Musk's new character as a social media tyrant is sure to stoke a debate over his political leanings, corporate practices, and outsized personality.</p>

<p>Even as he touts himself as an advocate of free speech, he is known to be libertarian, anti-woke, and impulsive. His critics describe him as autocratic and bullying.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/that-is-what-free-speech-means-elon-musks-appeal-to-worst-critics-as-he-nears-deal-with-twitter-473789" hreflang="en">'That is what free speech means': Elon Musk's appeal to 'worst critics' as he nears deal with Twitter</a></strong></p>

<p>Officials in the Biden administration believe that more vigilance will help to avoid the spread of misleading information about political concerns and the COVID-19 epidemic.</p>

<p>According to Psaki, the White House continues to push for the repeal of Section 230, a rule that protects online corporations from liability for user-submitted content, as well as more anti-trust and transparency enforcement against digital giants.</p>

<p>"We engage regularly with all social media platforms about steps that can be taken," Psaki added. "That has continued, and I'm sure will continue, but there are also reforms that we think Congress could take."</p>

<p><strong>Watch WION, Live:</strong></p>

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<p><em>(With inputs from agencies)</em></p>


Tesla CEO Elon Musk has successfully purchased Twitter for $44 billion. The deal will give the world's richest person control of the social media platform populated by millions of users and global leaders.

Tesla CEO Elon Musk has successfully purchased Twitter for $44 billion. The deal will give the world's richest person control of the social media platform populated by millions of users and global leaders. Now that the Tesla CEO has purchased Twitter, the US government has expressed some concerns. During a Monday press briefing, the White House said that US President Joe Biden was concerned about the power that large social media outlets hold. Also read | WION explains: The Elon Musk-Twitter controversy Dismissing that this concern had anything to do with the billionaire, spokesperson Jen Psaki said the White House would not comment on an individual transaction. "Our concerns are not new," said Psaki. "No matter who owns or runs Twitter, the President has long been concerned about the power of large social media platforms, that power they have over our everyday lives." She added that Biden "has long argued that tech platforms must be held accountable for the harm they cause." Watch | Elon Musk's mission Twitter: Musk to seal the deal with Twitter? Twitter shares jump over 3% Just a few hours ago on Monday, Musk successfully clinched a deal to purchase micro-blogging site Twitter for $44 billion. His takeover of Twitter is the culmination of a whirlwind of announcements and counter-announcements, punctuated by gleefully fired punches at the company, that too on its own platform. Musk's new character as a social media tyrant is sure to stoke a debate over his political leanings, corporate practices, and outsized personality. Even as he touts himself as an advocate of free speech, he is known to be libertarian, anti-woke, and impulsive. His critics describe him as autocratic and bullying. Also read | 'That is what free speech means': Elon Musk's appeal to 'worst critics' as he nears deal with Twitter Officials in the Biden administration believe that more vigilance will help to avoid the spread of misleading information about political concerns and the COVID-19 epidemic. According to Psaki, the White House continues to push for the repeal of Section 230, a rule that protects online corporations from liability for user-submitted content, as well as more anti-trust and transparency enforcement against digital giants. "We engage regularly with all social media platforms about steps that can be taken," Psaki added. "That has continued, and I'm sure will continue, but there are also reforms that we think Congress could take." Watch WION, Live: (With inputs from agencies)

Elon Musk takes over Twitter: White House says concerned over 'power of large social media platforms'

<p>Elon Musk's feud with Twitter is expected to come to an end soon, according to Bloomberg News, which reports that Twitter is close to reaching an agreement with Elon Musk on his bid to buy the social media giant.</p>

<p>According to the sources, the social media company is working on transaction conditions and might strike a deal as early as Monday if talks go well.</p>

<p>Many of the social media company's stockholders had been wooed by Musk's $43 billion buyout bid, which included financing information.</p>

<p>In filings filed with US securities regulators last week, he stated that the funds would come from Morgan Stanley and other banks, with some of them secured by his large interest in the electric vehicle manufacturer.</p>

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<h5>The price of Twitter's stock has risen by 5.3 percent as a deal for Musk's purchase of the company appears to be imminent.</h5>
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<p>The company's willingness to work with Musk does not imply that it will accept his $54.20 per share offer.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/wion-explains-the-elon-musk-controversy-and-the-current-top-shareholders-of-twitter-471576">WION explains: The Elon Musk controversy and the current top shareholders of Twitter</a></strong></p>

<p>However, it indicates that Twitter is currently looking at the possibility of selling the firm to Musk on favourable terms.</p>

<p>Musk, the CEO of Tesla, has been meeting with Twitter shareholders in recent days to seek backing for his takeover proposal.</p>

<p>He believes that in order for Twitter to thrive and become a true forum for free speech, it needs to be taken private.</p>

<p>Following Musk's presentation of a detailed financial plan for his bid, several Twitter shareholders contacted the company, urging it not to miss out on the opportunity.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/stung-by-the-poison-pill-elon-musk-takes-a-dig-at-twitter-boards-salaries-472114">Stung by the 'poison' pill, Elon Musk takes a dig at Twitter board's salaries</a></strong></p>

<p>Musk has stated that he wants to buy Twitter because he believes it is not living up to its potential as a free expression medium.</p>

<p>He has recommended a number of reforms to the firm in recent weeks, ranging from loosening content restrictions — such as the ones that suspended former President Donald Trump's account — to resolving the platform's issues with phoney and automated accounts.</p>

<p>According to Forbes, Musk is the world's wealthiest individual, with a worth of almost $279 billion.</p>

<p>However, much of his wealth is invested in Tesla shares — he owns approximately 17% of the company, which is valued at over $1 trillion, according to FactSet — and SpaceX, his privately held space enterprise.</p>

<p>It's unclear how much money Musk possesses.</p>

<p><strong>Watch |&nbsp;Elon Musk triggers another row, now it is Elon Musk versus Bill Gates</strong></p>

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Elon Musk's feud with Twitter is expected to come to an end soon, according to Bloomberg News, which reports that Twitter is close to reaching an agreement with Elon Musk on his bid to buy the social media giant.

Elon Musk's feud with Twitter is expected to come to an end soon, according to Bloomberg News, which reports that Twitter is close to reaching an agreement with Elon Musk on his bid to buy the social media giant. According to the sources, the social media company is working on transaction conditions and might strike a deal as early as Monday if talks go well. Many of the social media company's stockholders had been wooed by Musk's $43 billion buyout bid, which included financing information. In filings filed with US securities regulators last week, he stated that the funds would come from Morgan Stanley and other banks, with some of them secured by his large interest in the electric vehicle manufacturer. The price of Twitter's stock has risen by 5.3 percent as a deal for Musk's purchase of the company appears to be imminent. × The company's willingness to work with Musk does not imply that it will accept his $54.20 per share offer. Also read | WION explains: The Elon Musk controversy and the current top shareholders of Twitter However, it indicates that Twitter is currently looking at the possibility of selling the firm to Musk on favourable terms. Musk, the CEO of Tesla, has been meeting with Twitter shareholders in recent days to seek backing for his takeover proposal. He believes that in order for Twitter to thrive and become a true forum for free speech, it needs to be taken private. Following Musk's presentation of a detailed financial plan for his bid, several Twitter shareholders contacted the company, urging it not to miss out on the opportunity. Also read | Stung by the 'poison' pill, Elon Musk takes a dig at Twitter board's salaries Musk has stated that he wants to buy Twitter because he believes it is not living up to its potential as a free expression medium. He has recommended a number of reforms to the firm in recent weeks, ranging from loosening content restrictions — such as the ones that suspended former President Donald Trump's account — to resolving the platform's issues with phoney and automated accounts. According to Forbes, Musk is the world's wealthiest individual, with a worth of almost $279 billion. However, much of his wealth is invested in Tesla shares — he owns approximately 17% of the company, which is valued at over $1 trillion, according to FactSet — and SpaceX, his privately held space enterprise. It's unclear how much money Musk possesses. Watch | Elon Musk triggers another row, now it is Elon Musk versus Bill Gates

Deal for Elon Musk's bid to buy Twitter might happen today: Report

<p>Elon Musk has urged his "worst critics" to stay on Twitter as the platform's board of directors prepares to accept the Tesla founder's $43 billion cash bid.</p>

<p>Musk took to Twitter amid reports he could become its owner as early as Monday, and wrote, "I hope that even my worst critics remain on Twitter, because that is what free speech means."</p>

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<p dir="ltr" lang="en">I hope that even my worst critics remain on Twitter, because that is what free speech means</p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1518623997054918657?ref_src=twsrc%5Etfw">April 25, 2022</a></blockquote>
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<p>The entrepreneur has made free speech a core issue in his attempted takeover of Twitter, prompting detractors to speculate that he could reinstate banned right-wing figures like Donald Trump and Marjorie Taylor Greene.</p>

<p><strong>Watch |&nbsp;Elon Musk triggers another row, now it is Elon Musk versus Bill Gates</strong></p>

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<p>According to reports, Twitter &nbsp;will be accepting Elon Musk's $43 billion cash offer to purchase the company. The Tesla and SpaceX Founder and CEO had earlier called the offer, also valued at $54.20 per share, his "best and final" in the offering document.</p>

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Elon Musk has urged his "worst critics" to stay on Twitter as the platform's board of directors prepares to accept the Tesla founder's $43 billion cash bid. Musk took to Twitter amid reports he could become its owner as early as Monday, and wrote, "I hope that even my worst critics remain on Twitter, because that is what free speech means.

Elon Musk has urged his "worst critics" to stay on Twitter as the platform's board of directors prepares to accept the Tesla founder's $43 billion cash bid. Musk took to Twitter amid reports he could become its owner as early as Monday, and wrote, "I hope that even my worst critics remain on Twitter, because that is what free speech means." I hope that even my worst critics remain on Twitter, because that is what free speech means — Elon Musk (@elonmusk) April 25, 2022 × The entrepreneur has made free speech a core issue in his attempted takeover of Twitter, prompting detractors to speculate that he could reinstate banned right-wing figures like Donald Trump and Marjorie Taylor Greene. Watch | Elon Musk triggers another row, now it is Elon Musk versus Bill Gates According to reports, Twitter will be accepting Elon Musk's $43 billion cash offer to purchase the company. The Tesla and SpaceX Founder and CEO had earlier called the offer, also valued at $54.20 per share, his "best and final" in the offering document.

'That is what free speech means': Elon Musk's appeal to 'worst critics' as he nears deal with Twitter

<p>If reports are to be believed Twitter is now reconsidering Elon Musk’s buyout proposal.</p>

<p>This comes as a shock after the social media giant’s board resorted to the “poison pill” approach to negate Musk’s attempts at a takeover.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/wion-explains-the-elon-musk-controversy-and-the-current-top-shareholders-of-twitter-471576">WION explains: The Elon Musk controversy and the current top shareholders of Twitter</a></strong></p>

<p>As per a report by the Wall Street Journal, the discussions between Twitter and Musk are ongoing and follow a meeting between the Tesla CEO and shareholders of the company.</p>

<p>"The potential turnabout on Twitter’s part comes after Mr. Musk met privately Friday with several shareholders of the company," the business daily reported, citing sources familiar with the matter.</p>

<p>According to the Journal, Musk has also promised to address the free-speech issues that he claims affect “the platform and the country more broadly, whether his bid succeeds or not".</p>

<p><strong>Watch |&nbsp;Elon Musk triggers another row, now it is Elon Musk versus Bill Gates</strong></p>

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<p>Musk "made his pitch to select shareholders in a series of video calls, with a focus on actively managed funds... in hopes that they could sway the company’s decision", reported Wall Street Journal.</p>

<p>The report states that not only is Twitter taking a fresh look at Musk’s offer, but that the company is more likely to negotiate this time around.</p>

<p>On Thursday, the billionaire announced that he has secured around $46.5 billion to finance the transaction and that he plans to make a direct appeal to shareholders.</p>

<p>As per a BBC report, he plans to back his bid with the backing of Morgan Stanley among other financial institutions.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/stung-by-the-poison-pill-elon-musk-takes-a-dig-at-twitter-boards-salaries-472114">Stung by the 'poison' pill, Elon Musk takes a dig at Twitter board's salaries</a></strong></p>

<p>The opposition of the Twitter board is now widely known, as is the “poison pill” they swallowed to make it more difficult for Musk to acquire from the market a share higher than 15 per cent.</p>

<p>However, following Musk's announcement of the fundraising proposal, a number of Twitter shareholders allegedly contacted the firm, urging it not to miss out on a potentially lucrative deal.</p>

<p><em>(With inputs from agencies)</em></p>


If reports are to be believed Twitter is now reconsidering Elon Musk’s buyout proposal. This comes as a shock after the social media giant’s board resorted to the “poison pill” approach to negate Musk’s attempts at a takeover.

If reports are to be believed Twitter is now reconsidering Elon Musk’s buyout proposal. This comes as a shock after the social media giant’s board resorted to the “poison pill” approach to negate Musk’s attempts at a takeover. Also read | WION explains: The Elon Musk controversy and the current top shareholders of Twitter As per a report by the Wall Street Journal, the discussions between Twitter and Musk are ongoing and follow a meeting between the Tesla CEO and shareholders of the company. "The potential turnabout on Twitter’s part comes after Mr. Musk met privately Friday with several shareholders of the company," the business daily reported, citing sources familiar with the matter. According to the Journal, Musk has also promised to address the free-speech issues that he claims affect “the platform and the country more broadly, whether his bid succeeds or not". Watch | Elon Musk triggers another row, now it is Elon Musk versus Bill Gates Musk "made his pitch to select shareholders in a series of video calls, with a focus on actively managed funds... in hopes that they could sway the company’s decision", reported Wall Street Journal. The report states that not only is Twitter taking a fresh look at Musk’s offer, but that the company is more likely to negotiate this time around. On Thursday, the billionaire announced that he has secured around $46.5 billion to finance the transaction and that he plans to make a direct appeal to shareholders. As per a BBC report, he plans to back his bid with the backing of Morgan Stanley among other financial institutions. Also read | Stung by the 'poison' pill, Elon Musk takes a dig at Twitter board's salaries The opposition of the Twitter board is now widely known, as is the “poison pill” they swallowed to make it more difficult for Musk to acquire from the market a share higher than 15 per cent. However, following Musk's announcement of the fundraising proposal, a number of Twitter shareholders allegedly contacted the firm, urging it not to miss out on a potentially lucrative deal. (With inputs from agencies)

Under pressure from shareholders, Twitter to reconsider Musk's buyout offer

<p>Elon musk has done it again! The eccentric tech billionaire has shared yet another tweet aimed at further riling up the Twitter controversy.</p>

<p>Taking a swipe at the Twitter board of directors, Musk on Monday made a pretty bold statement about board member salaries. This comes after the social media giant decided to adopt a “poison pill” approach to deal with Musk’s hostile takeover bid of $43 billion.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/photos/wion-explains-the-elon-musk-controversy-and-the-current-top-shareholders-of-twitter-471576">WION explains: The Elon Musk controversy and the current top shareholders of Twitter</a></strong></p>

<p>A Twitter user while talking about Musk’s bid had posted a document along with the text: “Let me point out something obvious: If @elonmusk takes $TWTR private, the TWTR board members don’t have jobs any more, which pays them $250K-$300K per year for what is a nice part-time job. &nbsp;That could explain a lot.”</p>

<p>Responding to the user’s criticism of the board Tesla's CEO tweeted: "Board salary will be $0 if my bid succeeds, so that's ~$3M/year saved right there."&nbsp;</p>

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<p dir="ltr" lang="en">Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there</p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1516056299376623626?ref_src=twsrc%5Etfw">April 18, 2022</a></blockquote>
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<p>Musk, a self-described "free speech absolutist" who has continuously criticised Twitter's policies, made no further remarks. Twitter is yet to issue a statement in reply.&nbsp;</p>

<p><strong>Watch |&nbsp;'Their salary will be $0, if my bid succeeds,' Elon Musk takes a sly dig at Twitter board</strong></p>

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<p>The whole Musk-Twitter saga started with the eccentric billionaire purchasing 9.2 per cent stock in the micro-blogging website. This move at that time made him Twitter’s biggest shareholder, a position that was short-lived. Now, the Vanguard group holds that position with a 10.3 per cent stake.</p>

<p>On Thursday, continuing his tirade against the company Musk launched a poll asking his millions of followers if "taking Twitter private at $54.20 should be up to shareholders, not the board", to which a huge majority responded "Yes".</p>

<p>After Twitter launched the 'poison pill' protocol, a plan to sell shares at a discount to prevent shareholders from amassing a stake of more than 15 per cent, Tesla CEO Elon Musk also tweeted "Love Me Tender," an Elvis Presley song.</p>

<p>Meanwhile, Twitter co-founder and former CEO Jack Dorsey chastised the company's board in a series of tweet replies on Saturday, saying &nbsp;"it's consistently been the dysfunction of the company."</p>

<p><em>(With inputs from agencies)</em></p>


Elon musk has done it again! The eccentric tech billionaire has shared yet another tweet aimed at further riling up the Twitter controversy. Taking a swipe at the Twitter board of directors, Musk on Monday made a pretty bold statement about board member salaries.

Elon musk has done it again! The eccentric tech billionaire has shared yet another tweet aimed at further riling up the Twitter controversy. Taking a swipe at the Twitter board of directors, Musk on Monday made a pretty bold statement about board member salaries. This comes after the social media giant decided to adopt a “poison pill” approach to deal with Musk’s hostile takeover bid of $43 billion. Also read | WION explains: The Elon Musk controversy and the current top shareholders of Twitter A Twitter user while talking about Musk’s bid had posted a document along with the text: “Let me point out something obvious: If @elonmusk takes $TWTR private, the TWTR board members don’t have jobs any more, which pays them $250K-$300K per year for what is a nice part-time job. That could explain a lot.” Responding to the user’s criticism of the board Tesla's CEO tweeted: "Board salary will be $0 if my bid succeeds, so that's ~$3M/year saved right there." Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there — Elon Musk (@elonmusk) April 18, 2022 × Musk, a self-described "free speech absolutist" who has continuously criticised Twitter's policies, made no further remarks. Twitter is yet to issue a statement in reply. Watch | 'Their salary will be $0, if my bid succeeds,' Elon Musk takes a sly dig at Twitter board The whole Musk-Twitter saga started with the eccentric billionaire purchasing 9.2 per cent stock in the micro-blogging website. This move at that time made him Twitter’s biggest shareholder, a position that was short-lived. Now, the Vanguard group holds that position with a 10.3 per cent stake. On Thursday, continuing his tirade against the company Musk launched a poll asking his millions of followers if "taking Twitter private at $54.20 should be up to shareholders, not the board", to which a huge majority responded "Yes". After Twitter launched the 'poison pill' protocol, a plan to sell shares at a discount to prevent shareholders from amassing a stake of more than 15 per cent, Tesla CEO Elon Musk also tweeted "Love Me Tender," an Elvis Presley song. Meanwhile, Twitter co-founder and former CEO Jack Dorsey chastised the company's board in a series of tweet replies on Saturday, saying "it's consistently been the dysfunction of the company." (With inputs from agencies)

Stung by the 'poison' pill, Elon Musk takes a dig at Twitter board's salaries