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Elon Musk bought Twitter for $44 billion, but why?

Elon Musk bought Twitter for $44 billion, but why?

Preelise
Preelise
  • April 29, 2022

Table of Contents 📄

Elon musk acquires Twitter

Twitter’s service is available for anyone who needs it the most.

The protesters are used to fighting their case and getting an immense reaction from other people, successfully attracting – at last – wider issues.

We find out why Twitter was the next thing to buy after Tesla.

Twitter’s market capitalization is $32 billion, and at a purchase price of about $36bn, about one-sixth of that number would represent Musk’s stake in Twitter.

The above source states that there is a chance for this to be more than just elon musk tweeting more often.

It allows bulk sponsored tweets on its platform– adding another possible revenue source for the company.

This also makes it more likely that employees of companies who do not have a large social media following will be able to reach their customers via Twitter, as well as eliminate any worries about being taken over by competitor networks like GoogleMyAds and Facebook Ads Manager.

As you may know, Twitter has been bought by Elon Musk.

There are many reasons why Elon Musk bought Twitter. I am going to tell you some of those reasons today.

So let’s start…

 

How did the $44 billion deal get started?

So this deal has also started on Elon Musk’s Twitter page. First of all, Elon Musk had offered $44 billion to Twitter in a tweet.

Then the CEO of Twitter (Parag Agarwal) tweeted saying this –

“I’m excited to share that we’re appointing Elon musk to our board! Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.

 

Will Elon Musk replace Twitter CEO after this?

If we see from my point of view, Elon Musk will not remove the CEO of Twitter (Parag Agarwal). Because so far Twitter has been handled by Parag Aggarwal and has brought a lot of new updates in Twitter.

 

Also Read – Airtel claims it is preparing for a metaverse opportunity in India with 5G

 

What will Elon Musk change on Twitter?

Elon Musk is about to make big and big changes to Twitter

 

  • Elon Musk is going to make Twitter an open-source platform, in which people are going to suggest about Twitter, where the bug in Twitter, and what new features should be added to Twitter.

 

  • Elon Musk is going to add one of the most important and big features on Twitter so that you can edit any of your posts. Then you will not need to delete your post.

 

  • Elon Musk is going to remove all those tweets and Twitter accounts that post false things on Twitter and also going to ban those accounts which can become a threat to Twitter and spread false information on Twitter.

 

  • Elon Musk is about to remove all the bugs that make Twitter rank any hashtag (which is useless).

conclusion

This is the biggest deal in the tech category till date. And maybe in the future, Elon Musk will make Twitter such a secure or informative platform that Twitter becomes the most used social media platform in the world.

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