Twitter: Elon Musk, CEO of Tesla, buys the social network for 44 billion dollars

By Julien H.

– Posted on 25 Apr 2022 at 23:38

The American billionaire, as crazy as he is brilliant, teased a few days ago his big plan to take over Jack Dorsey’s social network. A new era for the Blue Bird?

This is the biggest purchase of social networks. In a press release published on Monday, April 25, Twitter announces that it will become a private company wholly owned by Elon Musk. ” Freedom of expression is the foundation of a functioning democracy,” he says, “et Twitter is the digital public square where vital issues for the future of humanity are discussed. (…) I also want to make Twitter better than ever by improving the product with new features… »

The Wall Street Journal reports that the CEO of You’re here and Space and its teams met last Sunday with those of Twitter to discuss its offer. According to Bloomberg magazine, the two parties were in “thelast straight line of negotiations for a sale at the astronomical price. Twitter was finalizing the terms of the transaction today. Its CEO, Parag Agrawal also welcomes this acquisition and its impact on the whole world “. And how to deny it! Twitter is a network whose influence is no longer to be defended. The price of the agreement bears witness to this: 44 billion dollars.

The end of a hunt.

Despite the polemics and other controversies, Elon Musk has never hidden his attraction to Twitter. A love / hate relationship that culminates before our eyes with this acquisition. After a gradual redemption of the group’s shares, he now sees the culmination of a conquest begun over several months. The conclusion of a game of hide and seek with the other shareholders who wanted to thwart his immense offer, in vain. What else does the whimsical billionaire have in store for us after this big gamble? Will he touch the freedom of expression dear to the media?

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