Kathmandu, April 26
One of the world’s most popular social media platforms, Twitter, has finally sold out. Elon Musk, the world’s richest man, paid $44 billion for Twitter.
Elon Musk had purchased a 9.1% stake in Twitter a few days before. He has now purchased all of Twitter’s shares. He spent $54.20 per share on the Twitter stock.
Twitter’s Independent Board Chairman, Brett Taylor, said: ”Elon Musk’s offer on pricing, clarity, and finance has been carefully evaluated by the Twitter board of directors. All Twitter shareholders will get significant cash premiums as a result of the arrangement,
which will benefit the shareholders. This, we believe, is a fantastic opportunity for Twitter
stockholders.”
According to Twitter CEO Parag Agrawal, one of the company’s goals is relevance, and it will have an impact on the world. He stated, ”We are proud of our team.
Elon Musk, the new owner of Twitter, has stated that freedom of expression is a fundamental democratic principle. ”Twitter is a digital village where problems affecting humanity’s future are debated.” ”Twitter has a lot of potentials.” He stated that he was looking forward to working for Twitter and that he would try to improve it by adding new features.
