{"id":24062,"date":"2022-04-14T07:11:37","date_gmt":"2022-04-14T11:11:37","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=24062"},"modified":"2022-04-14T07:11:43","modified_gmt":"2022-04-14T11:11:43","slug":"elon-musk-offers-to-buy-twitter","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/elon-musk-offers-to-buy-twitter\/","title":{"rendered":"Elon Musk Offers To Buy Twitter"},"content":{"rendered":"\n
Elon Musk, the CEO of TESLA, an electric carmaker has made a cash bid to buy Twitter<\/a> for $41.3 billion.<\/h5>\n\n\n\n
\"Elon
Elon Musk Offers To Buy Twitter<\/figcaption><\/figure><\/div>\n\n\n\n

Following Musk's announcement, Twitter's stock jumped more than 12% in pre-market trade. Elon Musk purchased a 9.2 percent interest in Twitter for an estimated $2.89 billion earlier this month, shortly after announcing his appointment to the company's board of directors<\/a>. However, a few days later, CEO Parag Agrawal stated that a board post was no longer on the table.<\/p>\n\n\n\n

“I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter, and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,”<\/em> Musk said in a statement.<\/p>\n\n\n\n

Because of the Tesla CEO's well-known interest in bitcoin, his pronouncements often cause a stir in the cryptocurrency community. Following the news of Musk's Twitter investment, the meme-based cryptocurrency dogecoin jumped 11%.<\/p>\n\n\n\n

In recent months, Twitter has also developed itself as a crypto-friendly platform\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, adding the ability to send tips in bitcoin in September and extending the feature to ether in February.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk, the CEO of TESLA, an electric carmaker has made a cash bid to buy Twitter for $41.3 billion. Following Musk’s announcement, Twitter’s stock jumped more than 12% in pre-market trade. Elon Musk purchased a 9.2 percent interest in Twitter for an estimated $2.89 billion earlier this month, shortly after announcing his appointment to […]<\/p>\n","protected":false},"author":36,"featured_media":24063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,21],"tags":[363,364,482],"class_list":["post-24062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-news","tag-elon","tag-musk","tag-twitter"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/es-052418-elon-musk-is-on-twitter-1527189506.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=24062"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/24063"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=24062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=24062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=24062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}