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Twitter Inc. TWTR

Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph. Many prominent celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%).


NYSE:TWTR - Post by User

Post by AwareInvestoron Apr 25, 2022 10:11am
103 Views
Post# 34628663

Elon Musk Set To Own Twitter For US$43 Billion

Elon Musk Set To Own Twitter For US$43 Billion
After weeks of speculations, Twitter is finally close to accepting the “best and final” offer to buy the social media giant by Elon Musk. The Tesla chief offered to purchase all of the firm’s outstanding shares at US$54.20 per share in an all-cash deal, reportedly for a total consideration of US$43.0 billion.
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