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Elon Musk's trust acquires Twitter for $44 billion
PRIVATEMay 05, 2026•3 months ago
Acquiring Company
Elon Musk's Revocable Trust
Acquired Company
Twitter
San Francisco
Description
Elon Musk's revocable trust completed the acquisition of Twitter for $44 billion in a leveraged buyout. Following the purchase, the platform was rebranded to X. This acquisition is part of Musk's broader strategy in technology and artificial intelligence.
Company Information
Company
Elon Musk's Revocable Trust
Location
San Francisco, California, United States
About
Elon Musk's revocable trust is an investment vehicle that manages his assets and investments. The trust operates under Musk's financial and legal framework. It is designed to facilitate his various business interests, including technology and transportation. As part of this arrangement, the trust took control of Twitter in 2022.
Predictive Intelligence
Strategic
ML-powered predictions for Elon Musk's Revocable Trust's next move