Acquiring Company
Elon Musk
Acquired Company
Description
Elon Musk has arranged $46.5 billion in financing to buy Twitter, offering $54.20 per share in cash. He's considering a tender offer to acquire the social media platform. Currently, Twitter has not responded to his proposal. Musk has previously criticized Twitter's moderation practices and opted out of a board position.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Twitter?
Twitter was acquired by Elon Musk, based in San Francisco. The deal was reported on August 16, 2026. The financing plan comes after Mr Musk made a $43 billion offer to take Twitter private, a bid that the San Francisco-based company has still not responded to. Elon Musk is privately held and operates in Other.
When did Elon Musk acquire Twitter?
Elon Musk's acquisition of Twitter was reported on August 16, 2026. Elon Musk has arranged $46.5 billion in financing to buy Twitter, offering $54.20 per share in cash. He's considering a tender offer to acquire the social media platform. Currently, Twitter has not responded to his proposal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Twitter do?
Twitter is the company acquired in this transaction. It is privately held.