How expensive is Elon’s Twitter buy?
https://techcrunch.com/2022/10/05/how-is-expensive-is-elons-twitter-buy/
News that well-known technology denizen Elon Musk intends to move forward with his proposed and accepted bid to purchase social media company Twitter was surprise news this week; Musk had fought in court against having to close the deal, arguing various issues with the company to avoid paying $54.20 per share for the former startup darling.
However, with the deal moving forward once again at a fixed price, we can now compare Musk’s purchase with data from other social media companies, effectively allowing us to see how expensive — or not — the transaction will prove.
How expensive is Elon’s Twitter buy?
Oct 5, 2022, 4:19pm UTC
https://techcrunch.com/2022/10/05/how-is-expensive-is-elons-twitter-buy/
> News that well-known technology denizen Elon Musk intends to move forward with his proposed and accepted bid to purchase social media company Twitter was surprise news this week; Musk had fought in court against having to close the deal, arguing various issues with the company to avoid paying $54.20 per share for the former startup darling.
> However, with the deal moving forward once again at a fixed price, we can now compare Musk’s purchase with data from other social media companies, effectively allowing us to see how expensive — or not — the transaction will prove.