The world’s most extravagant individual, Elon Musk, has proposed to purchase Twitter for $43 billion. Musk’s declaration came days after the Tesla Chief Executive Officer (CEO) had uncovered that he possessed a 9.2 percent stake in Twitter. Twitter CEO Parag Agrawal said that the organization’s board was inspecting Musk’s proposition. Musk, be that as it may, alluded to an antagonistic bid bypassing Twitter’s board.
Musk as of now beat the Forbes Billionaires List and Bloomberg Billionaires Index. As per Forbes, Musk has an absolute total assets of $264.6 billion. The Bloomberg Billionaires Index shows Musk’s absolute total assets at $251 billion. While Musk’s revenue in purchasing Twitter has sent shock waves across the corporate world, he has interests in numerous organizations.
TWITTER
Musk has previously become San Francisco-based Twitter’s second-biggest investor. Musk made the bid on Wednesday in a letter to the leading body of Twitter and it was unveiled in an administrative documenting on Thursday. His proposition cost of $54.20 per share addresses a 38 percent premium to Twitter’s April 1 close, the last exchanging day before his 9.2 percent stake in the web-based entertainment stage was unveiled.
Last week, Musk dismissed a challenge to join Twitter’s board in the wake of unveiling his stake, a move experts said flagged his takeover aims as a board seat would have restricted his shareholding to just shy of 15%.
TESLA
Musk began supporting Tesla in 2004. In 2008, he turned into the CEO of the world’s most important automaker.
SPACEX
Musk revived the space race after he established Space Exploration Technologies Corp. prevalently known as SpaceX in 2008.
DEEPMIND TECHNOLOGIES
DeepMind Technologies is a man-made brainpower organization which was sent off in 2010 and Musk was its essential financial backer. In 2014, Google declared that it had procured the organization for an undisclosed sum.
THE BORING COMPANY
Musk established a foundation and passage development organization – The Boring Company, in 2017.
PAYPAL
Musk helped to establish email installment and online monetary administrations organization X.com in 1999. In 2000, X.com converged with Confinity. The element was renamed PayPal in 2001.