voted to approve Elon Musk's takeover of the company.

On October 4, 2022, it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share. The deal closed on October 27, 2022, with the merger between Twitter, Inc. and X Holdings II, Inc., a wholly owned subsidiary of X Holdings I, Inc., wholly owned by Musk, and Musk took control of the company, paying $54.20 per share, or about $44 billion.

By January 2023, Twitter only had around 2,300 employees left, according to Musk, with only 550

1.Previous
3.Next