Elon Musk Twitter Buy Explained

Elon Musk bought Twitter for $44.2 Billion. First, he became Twitter’s largest shareholder by acquiring the 9.2% stake, and then….

[{"selector":"#anim-be12927e-3078-4c67-81a0-a025a71924a0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

This is one of the biggest deals till now that a public company will be converted into a private company.

[{"selector":"#anim-52628da5-8843-4fbc-ab67-e89f12bd53c1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(44.15322567873082%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

The company was purchased at $44.2 Billion at $54.2% share which is 38% more than its actual price. It will also create an impact on other social media platforms.

[{"selector":"#anim-908122fb-833a-4da0-970b-209ae51575ec [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Here are the top 3 reasons he bought Twitter Swipe ->

[{"selector":"#anim-b12cb550-3053-4083-bc07-34a9867ded27 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.82031240400296%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

Reason 1 - Twittter has a lot of spam accounts. It’s a big target to close these accounts for Twitter.

[{"selector":"#anim-2b4ea303-8347-4bde-a0b4-30b4cb260737 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-17.43483392991433%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Reason 2 - Make Twitter Open-Source

[{"selector":"#anim-9458a2d7-3e7d-47a8-87f7-6e3ff8da55ab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-43.29166657109627%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] If you dont know what Open Source is, then click on "Learn More" Learn more

Reason 3 - He wants to make the platform open so that everyone can speak freely and share their opinions.

[{"selector":"#anim-4aae6c99-0e17-4f07-af82-d6d6eb493a1b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(35.115665494098025%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-1b13442b-5be2-4ac0-985a-b2c768d547e2","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]