Elon Musk bids $41 billion for Twitter

Tom Allen
clock • 2 min read
Musk has attracted 80 million Twitter followers in his - often controversial - time on the platform
Image:

Musk has attracted 80 million Twitter followers in his - often controversial - time on the platform

The Tesla founder has offered to buy the social media company outright.

Billionaire Elon Musk has made an offer to buy Twitter - which he took a nine per cent stake in just last week - for $41 billion. The offer represents a 38 per cent premium over Twitter's share ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
MariaDB shareholders approve private equity takeover

Mergers and Acquisitions

Majority of shareholders have chosen to support the K1 bid

clock 22 May 2024 • 1 min read
Musk's X pushed fake Iran-Israel headline generated by AI chatbot Grok

Threats and Risks

AI-generated story that Iran had fired missiles at Tel Aviv were amplified by X's own systems

clock 08 April 2024 • 2 min read
IT Essentials: Time to take the deepfake fight to Big Tech

Government

Speak softly and carry a big stick

clock 04 March 2024 • 3 min read

More on Mergers and Acquisitions

MariaDB shareholders approve private equity takeover

MariaDB shareholders approve private equity takeover

Majority of shareholders have chosen to support the K1 bid

Vikki Davies
clock 22 May 2024 • 1 min read
Darktrace agrees $5.3bn takeover by Thoma Bravo

Darktrace agrees $5.3bn takeover by Thoma Bravo

Thoma Bravo to add Cambridge-based company to security software portfolio 20 months after first opening talks

Graeme Burton
clock 29 April 2024 • 2 min read
IBM to acquire HashiCorp for $6.4bn

IBM to acquire HashiCorp for $6.4bn

Pending approval from HashiCorp shareholders and regulators

Wade Tyler Millward
clock 25 April 2024 • 2 min read