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The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
How Much Is Elon Musk Worth After Buying Twitter? Michelle Tompkins. ... What is Jim Cramer’s Net Worth? On October 28, 2022, after much speculation, he purchased social media platform for $44 ...
Elon Musk in 2022. Elon Musk is the wealthiest person in the world, with an estimated net worth of US$385 billion as of February 23, 2025, according to the Bloomberg Billionaires Index, [1] and $384 billion according to Forbes, [2] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk ... social media under Musk’s ownership. The company said it had 570 million ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and X, formerly Twitter (which he has owned since 2022). Since 2025, he has been a senior advisor to President Donald Trump and head of the Department of Government Efficiency (DOGE).
Elon Musk's net worth of $264 billion makes him the world's richest person. ... Musk cofounded space-exploration company SpaceX in 2002. In 2004, he became an investor in and chairman of EV ...
The ‘Musk Effect’ Strikes Twitter. Twitter has ongoing challenges, not the least of which is its battle with Elon Musk. In April, the news broke that Musk had purchased a 9.2% stake in Twitter.
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.