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Tesla President Musk struck again, acquiring Twitter for $44 billion and completing the acquisition by the end of the year

Recently, Tesla Motors ECO Elon Musk and one of the largest social platforms in the United States Twitter reached an acquisition agreement, will be Twitter at a price of $54.2 per share to acquire, the transaction will not be completed immediately, it will probably take at least half a year, the preliminary estimate will be completed at the end of October this year, the total amount of this acquisition transaction is as high as nearly 44 billion US dollars, Illa once had a market value of more than a trillion yuan, but this transaction is also a huge amount.

Tesla President Musk struck again, acquiring Twitter for $44 billion and completing the acquisition by the end of the year

Speaking of Elon Musk, everyone will first think of Tesla Motors, although the age of the car is not long, but constantly subvert the traditional automobile industry, and become a global first-line brand, Musk is also known to everyone, as a well-known entrepreneur, engineer, philanthropist, in fact, Musk is not only the CEO of Tesla Motors, but also the CEO and CTO of SpaceX, and also the chairman of the board of directors of Sun City. It can be said that car manufacturing is not his main industry, but also engaged in rockets, solar energy and other businesses, but just recently, Musk applied for the establishment of three holding companies in Delaware, the United States, it is said that one of them is specifically for the acquisition of social media platforms to provide funds, which shows that Musk's business is quite extensive.

Tesla President Musk struck again, acquiring Twitter for $44 billion and completing the acquisition by the end of the year

At the same time, Musk is also more active on Twitter, the key is the personality of the bold, it can be said that it is possible to think of what to say, it is a common thing to say something surprising, it can be said that it is controversial, and because of the wide range of business, from the ground to the sky, there is his shadow, so the activity on the social platform is very high, and it is also one of the most popular top streams on the platform, it may be for this reason, or indeed the economy is relatively rich, Marske also has some ideas about the freedom of discussion on the social platform, these comprehensive reasons led to the decision to acquire Twitter.

Tesla President Musk struck again, acquiring Twitter for $44 billion and completing the acquisition by the end of the year

Twitter and domestic Weibo are extremely similar in use, you can publicly publish your own dynamics, share with everyone, as long as through the attention or platform information push, users can see the relevant dynamics, the global influence is also very large. On Twitter, Musk's global fans are as high as 85.73 million, while Tesla Motors' fans are 14.53 million, SpaceX's fans are also 21.74 million, relatively speaking, Musk's personal Twitter is almost constantly updating, while Tesla's car updates are sparse, and SpaceX updates are also more. Overall, Musk's tweets are basically very frequent, with a lot of big news coming directly through Twitter, including a lot of personal remarks.

Tesla President Musk struck again, acquiring Twitter for $44 billion and completing the acquisition by the end of the year

But the current transaction agreement has been determined, but not yet completed, there is still a lot of uncertainty during the period, Twitter also said that in some cases, Twitter or its parent company can terminate the acquisition agreement, during the decision of Twitter's shareholders plays a key role, of course, the agreement is not easy to reverse, according to the news, if one of the parties terminates the agreement, you need to pay the other party a fee of $1 billion to end the acquisition transaction. This means that the acquisition is worth at least $1 billion, if not successfully.

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