bitcoinBTC/USD
$ 19,502.03
ethereumETH/USD
$ 1,080.39
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.458777
xrpXRP/USD
$ 0.324973
usd-coinUSDC/USD
$ 1.00

$41.4 Billion Offering: Elon Musk Aims to Unlock the Potential of Twitter

After his proposal to acquire the social media behemoth, Elon Musk said “Twitter has extraordinary potential. I will unlock it.”

After his proposal to acquire the social media behemoth, Elon Musk said “Twitter has extraordinary potential. I will unlock it.”

The creator of Tesla and SpaceX, Elon Musk has offered to buy the entire Twitter enterprise for $54.20 per share through a letter directed to Bret Taylor, the chairman of the board at Twitter on April 14, claiming that the social media network has enormous potential that he would harness.

The Securities and Exchange Commission (SEC) made the 13D filing public, after which Elon Musk communicated the following: “Since making my investment, I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

The Dogefather said that this is his “best and final” offer, and his position as a shareholder would surely be revisited should the sale not go through. 

Elon Musk bought 9.2% shares in Twitter, making him the biggest shareholder of the company since March 14. 

Also read:

Related News

Updates have been provided on the current service freeze and new recovery efforts were outlined by the company.

Potential Solutions Are Being Considered By Celsius

Strategic deals and liabilities restructuring are being explored by Celsius. Updates have been provided on the current service freeze and new recovery efforts were outlined by the company. On June 12th, all transitions, withdrawals, and swaps were put on pause by Celsius and as of now, the company is looking for ways to recover. “Important steps to preserve and protect assets and explore options” are being taken by the company, per

Read More »
As the withdrawal function remains halted, the company is continuing to engage with investors interested in the Recovery Value USD (rvUSD).

Withdrawal Resumption Plan Is Not Moving Forward, CoinFLEX Backs Down

Withdrawals will not be resumed as anticipated, following a halt last week, CoinFLEX announced. As the withdrawal function remains halted, the company is continuing to engage with investors interested in the Recovery Value USD (rvUSD). After the token sale is completely carried out, CoinFLEX will disclose the process for permitting withdrawals, stated CEO Mark Lamb. “Extreme market conditions and continued uncertainty involving a counterparty” led CoinFLEX to hit a pause

Read More »
Just recently, the company had to reduce over 1% of its global workforce, making Coinbase vulnerable to the current market crash.

Coinbase Looking to Expand In Other Countries

Following the layoffs and rescinding of employment offers, the cryptocurrency exchange Coinbase intends to grow deeper into Europe. The intentions to register in nations such as Italy, Spain, France, and the Netherlands, were announced by Nana Murugesan, vice president of the California-based crypto exchange. Countries such as Germany, Ireland, the United Kingdom, and even Switzerland, where the first employee was hired recently, already have Coinbase as a licensed crypto exchange.

Read More »

My Coins

bitcoinBitcoin
$ 19,502.031.3%
ethereumEthereum
$ 1,080.391.52%
cardanoCardano
$ 0.4587770.16%
tetherTether
$ 1.000.12%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org