Elon Musk on Friday unveiled Linda Yaccarino as the new head of Twitter, the social media app he purchased from the founders in April 2022.
After a series of live trials and errors on the app, Elon Musk on Thursday hinted that he had hired a Chief Executive Officer while he becomes the “exec chair & CTO, overseeing product, software & sysops.”
Here are five things to know about the new…
At a technology conference in Miami, Mr. Musk, the world’s richest man, said striking a deal for Twitter at a lower price was “not out of the question,” according to a person who attended the event.
Mr. Musk’s comment came in response to a question over whether he…
Elon Musk, Tesla CEO, has raised $7 billion to support his $44 billion deal to buy Twitter.
A Securities and Exchange Commission filing made public on Thursday disclosed that Musk received equity commitment letters of about $7.14 billion from a group of 19…
Tesla CEO Elon Musk acquires 9.2% stake in Twitter
April 4, 2022
Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder.
Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday.
The stake is worth $2.89 billion, based on Twitter’s closing price Friday.
The announcement raised…