Elon Musk, Tesla and SpaceX CEO, now has another feather to add to his illustrious cap. The world's richest person acquired Twitter in a $44 billion deal on April 25, 11 days after announcing his bid for the company. Twitter announced that the public company will become privately held after the acquisition is complete.
Twitter agreed to sell itself to Musk for $54.20 a share, a 38 per cent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.
“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,” Musk said in a statement announcing the deal. He said he wanted “to make Twitter better than ever”.
— Elon Musk (@elonmusk) April 25, 2022
♥️ Yesss!!! ♥️
pic.twitter.com/0T9HzUHuh6
Now, as is the trend, how can you let social media stay silent on this? Reactions galore coupled with memes after the deal, have been doing the rounds.
Here are some of them –
Everyone is thinking that Elon Musk has bought Twitter for Donald Trump.. but the real reason is something else..
— Tòxìç#twittersold #ElonMusk #Twitter#Trump #ParagAgrawal#ElonMuskBuyTwitterpic.twitter.com/BJZ6tEdrU5
(@m_k_s_1_1) April 26, 2022
