Techy StatusTechy Status

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Researcher Reveals How Android Notifications Can Be Exploited for Phishing

    June 16, 2025

    A faster version of Veo 3 is now available on the free AI plan included with your Pixel

    June 10, 2025

    Google CEO Sundar Pichai shares why AI isn’t ready to fully replace human programmers yet.

    June 8, 2025
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Techy Status Techy Status
    • Home
    • News & Updates
    • PC & Mobile
      • Android
      • IOS
      • Linux
      • Windows
    • Development
      • Laravel
      • Microservices
    • Productivity
    • AI
    Techy StatusTechy Status
    Home » All Articles » Elon Musk’s $21 billion mystery
    News & Updates

    Elon Musk’s $21 billion mystery

    techybibiBy techybibiApril 27, 2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit WhatsApp

    Twitter has accepted a buyout offer from Tesla and SpaceX billionaire Elon Musk, leading to a day of frenzied speculation over one question: how is Musk going to change Twitter? Musk’s stated plans are a series of features and principles that he may or may not be serious about pursuing, but they demonstrate a potentially conflicting series of goals and changes whose mechanics have been outlined very little — if at all.

    The deal to buy Twitter is an all-cash one for Musk and once the transaction will be fully complete, it will become a private company. It is said that this offer was “unanimously” accepted by Twitter’s board of directors and is expected to close this year.

    As part of the deal, Elon Musk has secured $25.5 billion of fully committed debt and margin loan financing and has provided around $21.0 billion in equity commitment.

    Free speech is something Elon Musk even pointed out in his offer filing saying,

    “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form.“

    The new Twitter CEO, Parag Agarwal says,

    “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important.

    elon musk featured twitter
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit WhatsApp
    Previous ArticleBest VSCode Extensions To Improve Your Productivity in 2022
    Next Article Elon Musk’s Twitter plans

    Related Posts

    Researcher Reveals How Android Notifications Can Be Exploited for Phishing

    June 16, 2025

    Google Translate’s Upcoming Overhaul May Rely Heavily on AI

    June 5, 2025

    Researchers find Meta apps exploiting Android to monitor users’ private browsing activity

    June 4, 2025

    Google’s experimental app allows you to use advanced AI models without needing Wi-Fi.

    June 1, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    Editors Picks

    Researcher Reveals How Android Notifications Can Be Exploited for Phishing

    June 16, 2025

    Researchers find Meta apps exploiting Android to monitor users’ private browsing activity

    June 4, 2025

    Google I/O 2025: The Complete Lineup of This Year’s Developer Conference Reveals

    May 21, 2025

    Hesitation Isn’t a Flaw — It’s a Business Model

    May 7, 2025
    Top Reviews
    Advertisement
    Techy Status
    Facebook Twitter Instagram YouTube
    © 2025 TechyStatus.com. Managed by Bi. Enterprises.

    Type above and press Enter to search. Press Esc to cancel.