What Is Twitter?
Let’s begin this breaking news by spitting facts and knowing about Twitter first.
Twitter, like other social media platforms, is a social site that started in 2006. The reason it became so popular and authentic was that celebrities as well as political figures officially used this platform to make contact with the audience.
According to the present statistics, Twitter approximately has 300 million active users with 500 million plus tweets daily. Moreover, its primary purpose is to connect people and fascinate the audience with discoveries and huge news events. In addition to this, it is also used as a marketing and advertising platform.
History Of Twitter?
While you use a high-end social media platform like Twitter you should know through what origins it comes from. Isn’t it hard to believe that it’s already been 16 years since Twitter came in with tweets, retweets, mentions, and hashtags? Do you know who owned Twitter before Elon musk? Throwback to 2006 Jack Dorsey, a New York student came up with a new idea of communication using short messages with several groups of people just like text messages. This trend gradually increased among the public and that is how Twitter started standing at the top list.
About Elon Musk?
Elon Reeve Musk is one of the most unconventional billionaires at present. Additionally, he co-founded 6 different companies. Elon Musk is the Tesla CEO known for the best electric motor cars worldwide. You will not be surprised to know that he is the wealthiest man in the world.
Whether you like it or not, his financial decisions and investments always become a hot topic among the public. Moreover, his tweets cause some bubbling discussions on the internet. Although it is not the first time Musk has succeeded to shock the world once more by becoming the owner of twitter.
The unexpected plot twist took place recently. Although the deal started on April 14 but was finalized on 27 October which became sensational Twitter breaking news. Moreover, Musk became the largest shareholder of Twitter with 9.2% of Twitter shares before the final deal took place.
How Much Did Elon Musk Offer To Buy Twitter?
To begin with, you will be familiar with the fact that buying huge companies costs no less than billions of dollars. Similarly, on October 4, Elon Musk offer to buy Twitter was 44 billion dollars to make the Twitter deal successful. It was accepted by the ex-owners which made Elon the Twitter king.
A very shocking entry that Elon Musk made as soon as he bought Twitter was about cleaning the house. Ambiguous, right? The Elon Musk twitter deal did not turn out to be fruitful for many of the in-house hierarchies. Firstly he fired four twitter executives right away. Moreover, they were none other than the chief executive and chief finances.
Why Did Elon Musk Buy Twitter?
Elon Musk after the deal tweeted about staff changes that he made inside the twitter house. Moreover when the Twot transaction was confirmed musk announced it through a press release. The reason behind his investment was freedom of speech. Free speech for democracy is the vision he followed from the very beginning. Twitter Elon stated that:
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated”
Furthermore, the main transformation that Musk wants to make to Twitter is to make it a private company once again. Moreover, he wants people to speak freely about things on Twitter. Interestingly, Donald Trump fans are hoping that the former president will soon be back on Twitter.
To sum up the whole debate, the true supporters and fans of the 51-year-old billionaire Elon Musk believe that he will innovate in his idea behind buying Twitter. Moreover, the interest of the audience is increasing on Twitter because of the owner.
Previously, people were fans of Elon and Tesla, However, with the recent transaction, people are now most interested in Elon musk and Twitter. Conclusively the beginner steps that he has taken for Twitter recently are unbelievable. contrastively the billionaire’s visions are under controversy but the breaking news is bringing u ew hot topics on the internet. Also check freelancer payment methods in Pakistan
What is your opinion about Twitter CEO Elon musk and his visions? Drop down your word in the comment box below.
As Elon Musk is making the company private, the stocks will lower. As soon as the official documentation will be completed the stocks will not be traded on the new york stock exchange
There are around 50 accounts that are active Twitter users. For example, Obama, Elon musk, Justin Bieber, Ranaldo, and Rihana are some of them. The reason is they have the most followers on social media.
Yes, Elon musk made the surprising move of making a deal to buy the entire Twitter platform three weeks after buying the largest share. The world’s richest man completed a $44 Billion deal on 27 October 2022 becoming the owner of twitter.
The most commonly used way to earn money is by posting sponsored content tweets. Your main aim is to advertise and sell the products through an authentic platform. Consequently, you can earn money through this.