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Benzinga

Technology

Sue Strachan

Twitter + Elon = Twitterverse Eruption: How The Social Media Platform's Denizens Reacted To Musk Buyout

Elon Musk Jim Cramer NYSE Twitter Inc. Parag Agrawal CNBC Nasdaq

It’s not surprising that #twittersold is the No. 1 trending topic on Twitter Inc (NYSE:TWTR) on the afternoon of April 25.

The company accepted Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s offer to purchase the company for $54.20 a share, or about $44 billion. There are still regulatory hoops to jump through, as well as a shareholders' vote, but it almost seems certain Twitter will join Musk’s coterie of companies, which in addition to Tesla includes SpaceX, The Boring Company, Neuralink and Open AI.

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