Twitter stock

2022 - 4 - 15

Post cover — Image courtesy of "The New York Times"

Elon Musk Makes Twitter Offer: Live Updates, News and Reaction (The New York Times)

His takeover bid at $54.20 a share comes just weeks after he became the company's largest shareholder.

The possibility that Mr. Musk might move to buy the company outright arose this week, when Twitter announced that he would no longer join the board. When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When Twitter’s chief executive said Mr. Musk would no longer join the board, that agreement was severed, allowing Mr. Musk to act as any other shareholder. “If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder,” Mr. Musk said in the filing. But the price has mostly slumped since then, falling to about $33 a share last month. And those changes won’t happen without taking the company private.” And when he challenged President Vladimir V. Putin of Russia to one-on-one combat last month, he broadcast it on Twitter. It would value the company at about $43 billion. I will unlock it.” “Twitter has extraordinary potential. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Mr. Musk said in the letter to Mr. Taylor sent on April 13. Mr. Musk said this was a “best and final offer,” representing a 54 percent premium over the day before he began investing in the company in late January, according to a Securities and Exchange Commission filing.

Tesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why. (Barron's)

Tesla CEO Elon Musk offers to buy Twitter. Tesla shares are falling, Twitter is rising and overall both stocks are worth less.

The move in Tesla stock, which is roughly 25 times more valuable, takes away about $21.1 billion in... Investors might be worried about distraction for Musk as Tesla ramps up production at new plants, but there are other potential concerns as well. Twitter (ticker: TWTR) stock was up 6.7% in premarket trading Thursday. Tesla (TSLA) fell 2%. The move in Twitter stock adds about $2.5 billion in market value.

Twitter stock soars after Elon Musk discloses buyout bid at 18 ... (MarketWatch)

Shares of Twitter Inc. undefined soared 12.2% in premarket trading Thursday, after Tesla Inc. undefined "Technoking" Elon Musk disclosed a proposal to buy.

The disclosure comes in a 13D/A filing with the Securities and Exchange Commission early Thursday, in which Musk confirmed his previous disclosure of owning 73.12 million Twitter shares, or 9.1% of the shares outstanding. Shares of Twitter Inc. TWTR,+3.55%soared 12.2% in premarket trading Thursday, after Tesla Inc. TSLA,-3.43%"Technoking" Elon Musk disclosed a proposal to buy all of the outstanding shares of the social media company he doesn't already own for $54.20 each. That represents an 18.2% premium to Wednesday's closing price of $45.85. With 800.64 million shares outstanding as of Feb. 10, Musk's bid would value Twitter at $43.39 billion.

Elon Musk Offers to Buy Twitter: Live News Updates (The Wall Street Journal)

Elon Musk has offered to buy the rest of Twitter Inc. in a deal valuing the social-media company at more than $43 billion.

My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. a. There will be more detail in our public filings. Elon Musk has offered to buy Twitter Inc. in a deal valuing the social-media company at more than $43 billion. As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made. change in the public market, I would need to reconsider my position as a shareholder. I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

Tesla shares dip after CEO Elon Musk makes bid to buy Twitter (CNBC)

The chief executive would likely need to sell more Tesla shares in order to fund an acquisition. Musk has been spending time pulling in and out of Twitter ...

SpaceX has completed multiple high-altitude flight tests with its Starship prototypes, but the prototype's next major step is to reach space. Tesla also is still facing chip shortages, inflationary and other supply chain pressures plaguing the entire auto (and solar) industry. He later planned to sit on the company’s board of directors, if approved, but then reversed that decision. The majority of his followers voted yes. "One, TSLA is currently in the early days of ramping two factories, Austin & Berlin, which will likely double its global capacity. The acquisition offer is the latest development in Musk's Twitter saga over the last week.

Why Twitter Stock Is Up Only Slightly Today (Motley Fool)

Shares of Twitter ( TWTR 0.76% ) were running 1.8% higher at 10:42 a.m. ET on Thursday after Elon Musk offered to buy the short-form messaging platform for ...

With the stock only rising 3% at the market's open, it's fair to suggest there's not a lot of faith that Twitter will accept the bid. Musk had also said that was his "best and final" offer for the company, and if it wasn't accepted, he would consider dumping all of his stock in the company. His bid today, announced with the tweet "I made an offer," shows in what direction he wants to go.

Analyst on Musk's Twitter offer: 'No board in America is going to take ... (Yahoo Finance)

Elon Musk offered to buy Twitter for $54.20 per share in a filing made public Thursday, calling it his 'best and final offer.'

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