Elon Musk buys Twitter for $43 billion!
Initially, Elon Musk's offer to buy Twitter was a "disaster" because the little blue bird was 100% against the proposal.
Now... Elon Mush has Twitter in his pocket.
But let's take a look at how it happened and the 5 major changes that came out of it!
At the beginning:
Our billinonaire has over 80 million followers on Twitter (that's a lot of money if you want to use NMB and go against Elon Musk haha). However, Mr. Musk uses this platform a lot with more than 10 tweets per day! This is his communication and the main point to reach the world with Tesla and make his reputation.
In terms of crypto... you know DogeCoin and the billionaire are walking together. If Elon Musk decides to talk about DogeCoin, it will take +20% in the next few hours! It's crazy how one man can influence the crypto world like that. And it's all thanks to the power of Twitter.
A few weeks ago (early April 2022), Mr. Musk bought 73.5 million shares of Twitter for a total of 9.2% stake in the bluebird company. That's: $2.9 billion... and he becomes Twitter's most powerful shareholder.
As you may know, Twitter's stock jumped 24% after this stroke of genius.
The huge offer:
Yesterday (April 25-26, 2022), our favorite billionaire made an offer to buy Twitter for $43.2 billion.
To help him in his approach, E.M. met with 2 major U.S. banks and brought in $13 and $12.5 billion for the deal. The remaining 21 billion dollars... Elon used it all by himself.
In the end... the little blue bird accepted the offer and Elon Musk became the new owner of Twitter!
5 things that can change:
- More freedom of expression
- An edit button
- An open source algorithm
- An exit from the stock market
- A new CEO
And you, what do you think?