Twitter has announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk the richest man on the planet for $54.20 per share in cash in a $44.
Elon Musk's very good week is getting better. On the day Tesla posted record earnings, one of his other endeavors, The Boring Company, (TBC) "founded by Elon Musk to revolutionize transportation,".
It's been a great week for Tesla CEO Elon Musk, from being appointed to the Twitter Board to finally being invited to the White House. He capped it off with the opening of the electric vehicle (EV).
Forbes released its 37th World's Billionaires list and according to its rankings, for 2022 there are 2,668 billionaires in the world worth $12.7 trillion. These numbers are down approximately $400.
Elon Musk bought 73.5 million Twitter shares on March 14 a 9.2% stake according to a Securities and Exchange Commission (SEC) 13G filing released April 4. See: 22 Side Gigs That Can Make You.