Elon Musk came to be the proprietor as well as chief executive officer of Twitter on October 27, 2022, after obtaining the social networks firm for $44 billion.
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What complies with is a timeline of occasions leading up to Musk’s procurement of Twitter as well as the modifications executed under his management.
March 25, 2022
Musk starts honestly slamming Twitter, ballot his fans on whether they think the firm abides by the concept of complimentary speech.
Free speech is necessary to an operating freedom.
Do you think Twitter carefully abides by this concept?
— Elon Musk (@elonmusk) March 25, 2022
April 4, 2022
A safeties declaring discloses Musk is Twitter’s biggest investor, with a 9% risk in the firm.
Musk is welcomed to sign up with Twitter’s board of supervisors.
Musk tweeted:
Oh hi lol
— Elon Musk (@elonmusk) April 4, 2022
April 10, 2022
Former Twitter chief executive officer Parag Agrawal introduces Musk decreases the invite to sign up with Twitter’s board of supervisors.
Elon has actually determined not to join our board. I sent out a short note to the business, showing you all right here. pic.twitter.com/lfrXACavvk
— Parag Agrawal (@paraga) April 11, 2022
April 14, 2022
Musk makes a deal to acquire Twitter for $43 billion, or $5420 per share, as well as take the business exclusive.
Musk tweeted:
I made a deal https://t.co/VvreuPMeLu
— Elon Musk (@elonmusk) April 14, 2022
Taking Twitter personal at $5420 must depend on investors, not the board
— Elon Musk (@elonmusk) April 14, 2022
April 25, 2022
A declaring with the USA Safety And Security and also Exchange Compensation discloses Twitter’s board openly and also with one voice approved Musk’s acquistion deal.
Musk tweeted:
I really hope that also my worst movie critics continue to be on Twitter, since that is what totally free speech ways
— Elon Musk (@elonmusk) April 25, 2022
May 13, 2022
Musk places the acquistion bargain on hold adhering to records that 5% of Twitter’s everyday energetic individuals are spam accounts.
Musk tweeted:
To discover, my group will certainly do an arbitrary example of 100 fans of @twitter.
I welcome others to duplicate the exact same procedure as well as see what they find …
— Elon Musk (@elonmusk) May 14, 2022
June 6, 2022
In a letter from Musk’s lawyer sent out to Twitter, Musk threathens to end his arrangement. Musk declares Twitter is rejecting to adhere to ask for information on the variety of spam accounts.
June 8, 2022
Twitter’s board follow Musk’s needs, consenting to offer him with a “firehose” information stream of tweets.
This was initially reported by The Washington Blog post.
July 8, 2022
Musk introduces his intent to end the Twitter procurement, declaring in a declaring with the SEC that Twitter still declines to follow ask for information on robot accounts.
Twitter’s chairman, Bret Taylor, states that the board intends to seek lawsuit to implement the arrangement.
The Twitter Board is devoted to shutting the deal on the cost as well as terms set with Mr. Musk as well as prepares to go after lawsuit to impose the merging arrangement. We are positive we will certainly dominate in the Delaware Court of Chancery.
— Bret Taylor (@btaylor) July 8, 2022
July 12, 2022
Twitter officially releases a claim versus Musk in action to his revoking the purchase.
Musk tweeted:
Oh the paradox lol
— Elon Musk (@elonmusk) July 12, 2022
August 6, 2022
Musk difficulties previous Twitter chief executive officer Parag Agrawal to a public argument regarding spam accounts and also surveys fans on whether they think much less than 5% of Twitter’s everyday energetic customers are phony.
I thus test @paraga to a public discussion regarding the Twitter robot portion.
Allow him confirm to the general public that Twitter has
