Elon Musk bought Twitter for $44.2 Billion. First, he became Twitter’s largest shareholder by acquiring the 9.2% stake, and then….
This is one of the biggest deals till now that a public company will be converted into a private company.
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.
Here are the top 3 reasons he bought Twitter Swipe ->
Reason 1 - Twittter has a lot of spam accounts. It’s a big target to close these accounts for Twitter.
Reason 2 - Make Twitter Open-Source
If you dont know what Open Source is, then click on "Learn More"
Reason 3 - He wants to make the platform open so that everyone can speak freely and share their opinions.