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Tesla CEO Musk's acquisition of Twitter is worth a total of about 288.6 billion yuan

Recently, we learned from relevant sources that the global social media giant Twitter accepted the acquisition agreement of Tesla CEO Musk. Under the agreement, the purchase price of $54.20 per share and the total value of the transaction is about $44 billion (288.6 billion yuan), and Twitter will become a privately held company in the future.

Tesla CEO Musk's acquisition of Twitter is worth a total of about 288.6 billion yuan

After the transaction is completed, Twitter's common stock price is $54.20 per share, which is 38% higher than the closing price on April 1, 2022. Musk said Twitter is a digital town square that debates issues of vital importance to the future of humanity, in order to add new features to enhance products, make algorithms open source, and authenticate to everyone.

Tesla CEO Musk's acquisition of Twitter is worth a total of about 288.6 billion yuan
Tesla CEO Musk's acquisition of Twitter is worth a total of about 288.6 billion yuan

At the same time, Musk said that he hopes to make Twitter better than ever, Twitter has great potential, and will work with the company and the user community to fully unleash its potential in the future. So far, Musk has become the owner of many well-known high-tech companies, including Tesla, Twitter and so on.

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