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Elon Musk bought Twitter: Elon Musk bought Twitter, Elon Musk acquired Twitter in a $44 billion deal

Admin by Admin
April 26, 2022
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Elon Musk bought Twitter, Elon Musk to acquire Twitter in $44 billion deal
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Elon Musk bought Twitter: Elon Musk’s dream of buying Twitter has come true. The company’s board approved the sale by accepting Elon Musk’s offer.

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Elon Musk bought Twitter: Twitter, one of the world’s largest social media companies, is now sold. Elon Musk becomes the new boss of Twitter, deal finalized for $ 44 billion Tesla Chief Elon Musk’s tweet is becoming increasingly viral amid speculation that the deal to buy Twitter is being finalized.

Elon Musk has a 100% stake

Elon Musk bought a 9% stake in Twitter some time ago. Now Elon Musk has acquired a 100% stake in Twitter Inc. Musk bought Twitter at the rate of $ 54.20 per share. After Elon Musk’s offer, the Twitter company was considering it with the board of directors. Now after getting the consent of the board, the company has now decided to sell Twitter.

The company’s board chairman announced

Bret Taylor, chairman of Twitter’s independent board, said: “The Twitter board has taken a serious view of Allen’s proposal on value, certainty, and financing. After the agreement, all the shareholders of Twitter will get a good premium in cash, which will benefit the shareholders. We think this is a great opportunity for the shareholder of Twitter.

Free speech is a fundamental right of democracy

Twitter company’s new owner Elon Musk said, “Free speech has been a fundamental right of any democracy. Twitter is one such digital town, where various issues for the future of humanity are debated. Twitter has tremendous potential. I want to make it better than before by adding new features to it. I look forward to working with the company”

Elon Musk is maintaining a special identity in the whole world today. Apart from being the richest person in the world, he is also called the builder of the future. He formed Space X, which manufactures launch vehicles and spacecraft. He is also the Chief Executive Officer (CEO) of electric car maker Tesla. To reach this point, he worked hard and overcame all the obstacles, and achieved his goal. Today, through this article, we will tell you the complete story of Elon Musk from education to climbing the ladder of success.

Elon Musk Biography: Elon Musk’s early life

Elon Musk was born in Pretoria, Transvaal, South Africa on 28 June 1971. Elon Musk’s father, Erol Musk, was an electrical engineer and pilot. At the same time, his mother May Musk was a dietician. Alan is the eldest of his three siblings. His brother Kimbal Musk is today a businessman and environmentalist. While his sister Tosca Musk is a film producer and director. His parents divorced when Alan was 10 years old. After which Alan started living with his father and did his early studies living in South Africa.

Elon Musk’s Early Education

When Elon Musk was 12, he had read so many books that even graduating students do not read. Alan’s favorite subject since childhood was computers. He learned programming on a computer with the help of books in his childhood and made a game named Blast. He sold it to an American company for just $ 500. Alan, who was limited in himself, was bullied a lot by his classmates in his childhood. Due to this Elon Musk often got into a fight. Once while fighting, he fell from the ladder and fainted. Since that incident, Elon has had trouble breathing to this day.

Graduate in Physics and Economics

Allen received a Canadian passport in 1988 for higher education, after which he left South Africa and attended Queen’s University in Kingston, Ontario. Allen took a transfer from here to the University of Pennsylvania, Philadelphia in the year 1992. Here he obtained his graduate degree in Physics and Economics in 1997. He then moved to California, where he took admitted to Stanford University to pursue a Ph.D. but dropped out of school after two days. Allen believed that the Internet had the potential to change society more than physics. After this, he formed a company named Zip2 in 1995 along with his brother in America.

Zip2 and Paypal’s success

The Zip2 company founded by Allen provided online news and maps. In 1999 Zip2 was bought by computer maker Compaq for $307 million, giving Allen $22 million from his stake. Musk then founded X.com, an online financial service company that later became Paypal. It is used to transfer money online. Paypal was bought by eBay for $1.5 billion in an online auction in 2002.

Rocket made by studying rocket science

After these successes, Elon Musk understood that if he wants to move forward, then he will have to think differently from the world. After these two successes, Allen also had a lot of money. So he thought, why not try his hand in space. After which he went to Russia in 2003 to get 3 ICBM rockets, where he was getting only one rocket for $ 8 million. Allen thought that it was better to build the rocket himself than to pay this huge amount. Elon Musk came back and started studying rocket science.

Allen built his own rocket within a year. After which he created the SpaceX company. However, Allen’s first rocket failed. He tried once again, but that too was not successful. They had less money, so the remaining part of the destroyed rocket and the new part made the rocket again, but this also did not succeed. Allen found success in the fourth run. He designed the rocket at a very low cost and took it to space. Today, NASA also uses the rocket made by Elon Musk.

Tesla has a big hand in the achievements of Elon Musk today. Before coming to Allen, the electric vehicle that Tesla used to make was very expensive. Therefore, the cars made by him could not be successful in the market. When this company came to Allen, he changed many technologies and made electrical cars at cheap rates, due to which, these cars started selling very fast. Allen also started working as an investor while moving the Tesla company forward. He invested in his cousin’s company Solar City in 2006 and in a very short time, this company has grown into the second-largest solar company in America. In 2013, Elon Musk merged this company with Tesla. Today Solar City and Tesla are working together on new technology.

Awards and honors

The awards and honors received by Elon Musk are as follows:

In 2007, Elon Musk received the R&D Magazine Innovator of the Year award for his company’s good work on SpaceX, Tesla, and Solar City.

In 2007, Allen Werk received the Index Design Award for the design of the Tesla Roadster.

In 2006 Mikhail Gobaracheva was awarded the Global Green Product Design Award for the design of the Tesla Roadster.

FAQs

Question 1: Elon Musk belongs to which country?

Answer: South Africa.

Question 2: How much is Elon Musk’s one day earning?

Answer: The per day income of Elon Musk is around $432 million per day.

Question 3: What is the IQ of Elon Musk?

Answer: Elon Musk’s IQ is 155.

Question 4: How much is Elon Musk’s net worth?

Answer: His net worth is $269 billion.

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