“Elon Musk Plans To Take Twitter Again”

There has been a new development regarding Elon Musk’s purchase of Twitter. It was claimed that Elon Musk could offer the giant platform to the public again in just three years. Although it is said that Musk is meeting with investors behind closed doors, Musk has not yet made a statement on this subject.

The Wall Street Journal shared a remarkable article about the deal for Elon Musk to buy Twitter. to anonymous sources Referring to the Wall Street Journal, Elon Musk claimed that he was in a hard bargain with investors. According to the information obtained, the billionaire businessman will take Twitter within three years before buying it officially. plans to go public.

As a matter of fact, Twitter was already a publicly traded company. So anyone who wishes, from Twitter shareholder could happen. However, the board’s acceptance of Elon Musk’s $44 billion offer changed the balance. So much so that the platform will be launched in the near future. Only It will be owned by Elon Musk. Allegedly, Elon Musk has already started plans for an initial public offering by meeting with investors.

There may be sagging in plans

According to industry sources, if Elon Musk has such a goal, three years is a lot. an ambitious time. Because, the completion of transactions such as the change of ownership and restructuring process of a company and the reconsideration of a public offering is a process that usually takes many years. However, the investor should not be missed in this process. Some analysts say that Elon Musk to persuade investors He thinks that he may have already made a statement about the public offering.

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Meanwhile; It should be noted that Elon Musk is not a very punctual person. Speaking about Tesla’s failure to meet annual targets in an interview he gave in the past years, Musk said that punctuality not for him had said. As a result, Twitter’s public offering and the start of share sales may also be delayed.

Source :
https://www.businessinsider.com/elon-musk-says-take-twitter-public-after-3-years-report-2022-5?utm_source=feedly&utm_medium=webfeeds


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