Musk's Twitter Acquisition Update: Reportedly partnering with a private equity firm, securing financing commitment from Goldman Sachs, and not taking a salary as a board member

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Elon Musk proposed to the Twitter board to buy Twitter, sparking discussions. Subsequent news is as follows:

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Elon Musk proposed to Twitter's board of directors to buy Twitter, sparking discussions. Here is a summary of the latest news:

  • 4/22 Musk stated that if the acquisition of Twitter is successful, he will vigorously combat fake accounts. Binance founder Changpeng Zhao responded: focus on real issues.
  • 4/21 Gossip media New York Post: Negotiating with private equity firm Thoma Bravo to partner in the acquisition of Twitter.
  • 4/21 Gossip media New York Post: According to SEC documents, financing commitments from institutions such as Morgan Stanley total approximately $46.5 billion.
  • 4/18 Musk stated that if the acquisition of Twitter is successful, he will not pay the board of directors a salary, saving about $3 million a year.
  • 4/17 Musk responded with lyrics Love Me Tender: Love me tenderly.
  • 4/16 Vitalik stated that he does not oppose Musk's proposal, but disagrees that more wealthy individuals or organizations would control social media platforms at will, leading to serious errors. Binance founder Changpeng Zhao responded: this is the normal operation of a capitalist society, and more things are bound to happen behind the scenes. Vitalik believes that social media platforms like Twitter have high influence but low profitability, making them vulnerable to acquisition.
  • 4/16 Twitter board of directors implements a poison pill strategy to defend against Musk's acquisition.
  • 4/14 SEC documents reveal Musk's proposal to acquire Twitter.
  • 4/11 Musk resigns from Twitter's board of directors.
  • 4/5 Musk joins Twitter's board of directors.
  • 4/4 SEC documents reveal Musk holds 9.2% of Twitter's shares.