One of the most successful American businessmen, founder of SpaceX and Tesla, has acquired his own social network.
Elon Musk acquired Twitter. The issue price is $44 billion. This is exactly the amount he will pay for the purchase.
Previously, it was also reported about Musk’s intentions to buy Twitter, but then it was at the level of rumors, comments and unconfirmed statements.
Now the parties to the transaction have entered into a final agreement, as officially announced by representatives of the social network.
According to them, Twitter, Inc will be bought by a company owned by Elon Musk. Price – 54 dollars 20 cents per 1 share.
The deal is estimated at approximately $44 billion, – Twitter statement to Rossiya Segodnya.
Attention is drawn to the fact that the contract price includes a premium of 38% to the closing price of the exchanges as of April 1.
It was on that day that a billion-dollar businessman publicly announced his stake on the social network.
It is known that after completion of the transaction, Twitter will become a private company. As soon as the documents necessary in such cases are received, it will be closed.
Meanwhile, Twitter shares in US trading are showing positive dynamics – growth is about 5.75%. The price reached $51.74 apiece.
