• Home
  • About
  • Privacy Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles
No Result
View All Result
Teknowire
No Result
View All Result
Home News E-Business

Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

Linda Jasmine by Linda Jasmine
April 15, 2022
Twitter Smartphone - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares
Share on FacebookShare on Twitter

Billionaire Elon Musk made an offer to buy all of Twitter's unclaimed stock. According to filings with the US Securities and Exchange Commission (SEC), Thursday (14/4), Musk offered to acquire all shares in Twitter that he didn't own for $54.20 per share.

“[Elon] made an offer to buy 100 percent of Twitter [shares] at $54.20 per share in a cash transaction and then make it private,” Forbes quoted him as saying.

It is known, Twitter's share price reached US $ 51.41 during trading Thursday (14/3) morning.

Musk added that the $54.20 per share offer was his “best and last offer”. If not accepted, he will “reconsider” his position as the company's largest shareholder.

The SpaceX CEO, based on the data submitted, believes in Twitter's potential to become a free speech platform and serve “urgent social needs”.

He also said the offer was made after realizing that the company “will not thrive or serve urgent social needs in its current form”.

“I believe that companies need to be private to go through the changes that need to be made,” he said.

Based on SEC data, the offer was sent to the company on Wednesday (13/4) evening. With Musk's offering, Twitter's valuation is estimated at $43 billion.

Previously, Elon Musk bought a 9.2 percent stake in Twitter and made it the largest individual shareholder. Had been rumored to be on the board of directors, he refused the offer to join and continued to tweet about the potential reshuffle on Twitter.

Long before this offer, Musk was convicted by the SEC of issuing false and misleading tweets after declaring he would buy all of Tesla's $420 stock in 2018. The figure was said to refer to a “cannabis culture” to please his girlfriend.

g news - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares Follow Teknowire on Google News
Tags: elon muskteslatwitter
Linda Jasmine

Linda Jasmine

Studied in marketing. Linda has been covering the smartphone scene since 2010 with focus in iPhone and Android phone.

Subscribe.

Trending.

Garmin Fenix ​​7

Review Garmin Fenix 7X Sapphire Solar

miHoYo, creator of Genshin Impact opens head office in Singapore

miHoYo, creator of Genshin Impact opens head office in Singapore

July 24, 2022
Acer Swift 5 (SF514-56T) specifications

Everything you should know about Acer Swift 5 (SF514-56T)

February 24, 2022
Amazon will lay off 10000 employees this week 120x86 - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

Amazon will lay off 10,000 employees this week

November 16, 2022
Lenovo Legion 2 Pro 120x86 - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

Legion Y90, Lenovo Gaming Phone with Immersive Screen

December 27, 2021
Teknowire

Teknowire is a technology news portal. We cover consumer tech, digital lifestyle, innovation, scientific breakthroughs, the future, and meaningful analysis for readers.

Follow Us

Categories

  • Accessories
  • Apps
  • Cameras
  • Device
  • Digital Culture
  • E-Business
  • Electric Vehicles
  • Game
  • How To
  • Laptops
  • News
  • Review
  • Security
  • Smartphone
  • Smartwatch
  • Social Media
  • Tablets
  • UnCat

Tags

android apple Audio battery camera Chip chipset design display facebook Fast Charging game games Gaming google how to iphone laptop memory Meta microsoft Monitor Operating System OS price processor Qualcomm RAM samsung Screen security smartphone smartwatch snapdragon Snapdragon 8 social media Speaker spec specification storage Streaming tiktok twitter video Xiaomi

Recent News

macbooks m2 pro max graphics cpu performance 1 120x86 - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

New MacBook Pro with M2 Pro and M2 Max Chips Offer Improved Graphics and CPU Performance

January 22, 2023
Keychrons Q1 Pro 120x86 - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

Keychron’s Q1 Pro : Everything you should know

January 22, 2023
Twitter confirms vulnerability exposed data that affected millions of accounts

Twitter Introduces More Expensive Blue Subscription Tier for Ad-Free Browsing Experience

January 22, 2023
AltspaceVR 120x86 - Elon Musk Makes Bid To Buy 100 Percent Of Twitter Shares

Microsoft to Close Social Virtual Reality Platform AltspaceVR, Focus on Mixed Reality Platform Mesh

January 22, 2023
  • Home
  • About
  • Privacy Policy
  • Contact

© 2022 Teknowire - Developed by Teknowire.

No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Device
    • Accessories
    • Laptops
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Games
  • Social Media
  • Electric Vehicles

© 2022 Teknowire - Developed by Teknowire.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Hey Friend! Get the latest technology news straight into your inbox!

Don't worry, we don't spam

Close this popup